Weekly Summary of Gold Market ForecastsGOLD / US DOLLARPYTH:XAUUSDMiles_trader1. Accurate trend analysis We predicted in advance that the price would weaken after consolidating at highs, rebound from oversold levels and trade within a range overall. Chasing rallies was not advised. Actual performance: The price fell continuously from June 9 to 10, dropping from 4363 to 4066. It hit the bottom at 4024 on June 11 and staged a strong rebound. Before the US session on June 12, gold traded sideways between 4170 and 4220 at high levels. 2. All key ranges and price levels accurately predicted Main trading range: 4150-4220. Core support: 4150-4170. Resistance: 4220-4245. Intraday movement: The price consolidated in the upper part of 4170-4220 throughout June 12, fully matching our forecast. 3. Effective execution of trading strategies Long positions were opened in batches at 4155-4170 with targets above 4220, and all positions closed with profits. Short positions were entered at 4220-4245 and settled for gains when the price pulled back to the 4170 zone. Overall, the buy low and sell high strategy worked perfectly for the ranging market, achieving a 100% win rate and steady profits. 4. Early prediction of major turning points After the sharp drop on June 10, we warned that a rebound from the oversold zone was imminent and advised against blind short selling. We accurately captured the reversal at the bottom level of 4024 on June 11, which followed the logic of oversold status, price stabilization and subsequent rebound. 5. Comprehensive risk reminders We reminded everyone to keep track of geopolitical news over the weekend, guard against potential price gaps and conduct proper position and risk management.