XAUUSD: Market Analysis and Strategy for April 9thGoldOANDA:XAUUSDActuaryJResistance level: Around 4856 (a key resistance zone formed by two previous upward moves) Support level: Around 4706 (a previous high that has now become a key support level) MACD (12,26,9): The 1-hour chart shows increased downward momentum, with the two lines running above the zero line and crossing downwards, indicating continued downward momentum in the short term, and the overall trend is one of correction and repair. Currently, gold is in a correction trend following the retreat of geopolitical safe-haven demand. Short-term trading should focus on buying on dips after stabilization at support levels and selling on rallies to resistance levels. The 1-hour chart for gold shows that the current price is in a correction phase. The area around 4706 is a key support level formed by the previous high, where stabilization is highly probable. The area around 4856 is a strong resistance level formed by two previous upward moves, where a rebound is highly likely to be met with resistance, potentially triggering a second pullback. The significantly increased downward momentum in the MACD indicates continued downward momentum in the short term. Rebounds are unlikely to change the downward trend, and a continued bearish outlook is warranted after any slight upward movement. Trading Strategy: BUY: 4706~4710 SL: 4680, TP: 4760-4780 SELL: 4850~4856 SL: 4880, TP: 4800-4780