Gold Analysis & Trading Strategy | Next weekGoldOANDA:XAUUSDGold_MaestroHello traders! Iām Jack Blackwell, with 15 years of experience in analysis and trading in the futures and forex markets. Below are my technical analysis views based on the current XAUUSD (4-hour and 1-hour timeframes) chart structure. ā 4-Hour Trend Analysis Currently, the overall larger trend remains bearish (lower highs and lower lows). Since the rebound from 4510, the market has entered a phase of corrective recovery. However, the price has encountered significant resistance in the 4620ā4635 zone, and the rebound failed to break the previous key resistance area. In terms of moving averages, the upward movement of MA5 and MA10 suggests short-term rebound signals, but MA20 remains downward, indicating that the mid-term trend has not changed. The BOLL indicator shows that the price faced resistance near the middle band, and the pressure from the middle band remains effective. Therefore, on the 4-hour chart, the bearish trend still dominates, and the current rebound is approaching a critical resistance zone. ā 1-Hour Trend Analysis On the 1-hour chart, the price formed a complete rebound wave from 4510 to 4660. Currently, the price has pulled back from the highs and is entering a consolidation phase. The key point is that the 4660 high has not been broken, indicating that a short-term top structure has formed. When the price pulled back to around 4620, it found some stability. In terms of moving averages, MA5 has started to turn, and MA10 is flattening, suggesting that short-term momentum is weakening. The MACD indicator shows a death cross at the highs, further confirming the weakening upward momentum in the short term. Overall, the 1-hour chart shows characteristics of short-term consolidation, with diminishing market momentum. š“ Resistance Levels ā 4635 (short-term resistance) ā 4660 (previous high) ā 4690ā4700 (structural strong resistance) š¢ Support Levels ā 4600 (short-term support) ā 4565 (structural support) ā 4510 (previous low) ā Trading Strategy Reference š° Short Strategy (Main Idea) š Entry Point: 4635 ā 4655 šÆ Target Levels: 4600 ā 4565 š Logic: ā The 4-hour bearish trend remains unchanged ā The 1-hour chart has formed a rebound high at 4660 š Invalidation Condition: ā If the price breaks and stabilizes above 4660 š° Long Strategy (Short-Term Rebound) š Entry Point: 4575 ā 4600 šÆ Target Levels: 4625 ā 4655 š Logic: ā Short-term rebound momentum still exists š Risk Warning: ā Counter-trend trade ā Must use small position size + quick profit-taking ā ļø Trend Summary š If it remains under pressure below 4635: Rebound fails ā Return to bearish trend š If the price breaks below 4575: Deeper pullback ā Test 4550 / 4510 š If it breaks above 4660: Rebound continues ā Target 4690ā4700 š If you find this analysis helpful, please support me by liking and commenting, which will encourage me to share more high-quality content. Also, feel free to share your thoughts on the future price movement of this chart! Best regards, Jack Blackwell