XAUUSD: April 30 Market Analysis and StrategyGoldOANDA:XAUUSDActuaryJGold Analysis: 4-Hour Chart: Resistance: 4612; Support: 4510. 1-Hour Chart: Resistance: 4585; Support: 4540. During the previous trading session, the U.S. Dollar Index surged once again, creating bearish pressure on gold. In the Asian session, gold rose to the vicinity of $4610 before beginning a decline. This bearish trend continued through the European and U.S. sessions; during the New York trading hours, gold dropped to around $4510, where it bottomed out and staged a rebound. The daily decline amounted to nearly $100, with gold closing near $4543. As of now, the daily chart shows gold having fallen for three consecutive trading days; moving averages are trending downward, the TRIX trend indicator has formed a "death cross," and the bearish momentum bars on the MACD indicator are increasing in size. Consequently, the daily outlook remains dominated by bearish forces. On the hourly chart, gold reached a high of approximately $4582. The TRIX trend indicator has formed a "golden cross," and while the MACD fast and slow lines are currently operating below the zero axis, their spread is widening upward, and bullish momentum bars are increasing. Thus, the short-term outlook leans bullish. However, given that the daily chart has shown consecutive days of decline—accompanied by continuously increasing bearish momentum—the recommended intraday strategy for gold is primarily to "buy on dips" (entering long positions at support levels), with short-term selling opportunities serving as a secondary strategy. On the upside, attention should be focused on resistance levels at $4585 and yesterday's high of $4610; on the downside, observe whether the low of $4540 is breached. Trading Strategy: SELL: 4585–4590 | SL: 4600 | TP: 4550–4540 For buying opportunities, wait for the emergence of real-time signals indicating that the price decline has halted.