SHORT 4800.GoldOANDA:XAUUSDEdward-wilson0417Hey traders! Gold is currently holding near 4,700. Daily chart: Short-term moving averages have shifted from upward to downward divergence; the trend remains range-bound (approx. 4,600–4,800). Key support: 4,600–4,610. Hourly chart: After consolidation, moving averages are turning up and diverging—short-term rebound possible. Initial resistance: 4,780–4,800. If price fails to clear 4,800, a head-and-shoulders top may form on the hourly chart—watch 4,600 for confirmation. Without a clear ceasefire, sustained upside is unlikely. Escalation risks pushing gold below 4,600; even a temporary truce won’t end the conflict outright. Favor short setups near 4,780–4,800 early in rebounds. Strategy: 1. Short: Enter in batches at 4,780–4,800. SL: 4,820. TP1: 4,730–4,700; TP2 (if break): 4,650. 2. Long: Enter in batches at 4,650–4,660. SL: 4,630. TP1: 4,700–4,730; TP2 (if break): ~4,750.