Gold in the $4,500 to $4,800 range?

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Gold in the $4,500 to $4,800 range?GOLD (US$/OZ)TVC:GOLDAnalyze-kingGold Short-term Outlook (Early Week) Market Sentiment: Range-Bound with Downside Risks Gold is expected to maintain its sideways consolidation at the start of the week. Immediate resistance is pegged at $4,650 and $4,680. A decisive break above $4,700 would likely signal the impact of unexpected fundamental drivers early in the session. Key Technical Levels: Resistance: $4,650 / $4,680 (Primary). Watch $4,700 for a potential shift in momentum. Support: $4,550 – $4,570. This zone is critical for the early week. Note: A failure to hold the $4,550–$4,570 support range could trigger an accelerated corrective move, leading to a broader downside adjustment. Stay vigilant on these pivot points. Trading Strategy: Long Entry: Look for a rebound entry at $4,538–$4,540. Short Entry: Scale into short positions near $4,650 and $4,680. Risk Management: Manual stop-loss on a sustained break above $4,700. Target: Aim for the $4,550–$4,580 range.