XAUUSD Update|Gold Climbs as Markets Reprice RiskGoldOANDA:XAUUSDazgoldtraderGold has broken the 4700 key resistance, following a strong upside reaction driven by a shift in macro sentiment. The move comes as markets reassess near-term risk after the temporary ceasefire, easing fears of energy-driven inflation and shifting focus toward potential rate cuts. Price is currently trading around 4810, with 4878 now opening up as the next upside target. A clean break above 4878 may open the path toward 4991 as the next higher resistance level. On the downside, 4784 stands as immediate support, while 4700 now acts as a key breakout zone and deeper pullback area to watch. Both moving averages should now act as dynamic support, reinforcing the bullish structure as long as price holds above them. 📌Key levels to watch: Resistance: 4878 4991 Support: 4784 4700 👉Let key levels guide your decision-wait for confirmation.