Gold Short‑Term Market Analysis & StrategGoldOANDA:XAUUSDtndpb9Following last week’s much‑weaker‑than‑expected Non‑Farm Payrolls data, gold prices surged sharply. The medium‑term overall bullish trend is firmly established. However, the short‑term market is clearly overbought, and large volumes of short‑term profit‑taking positions may exit for realization at any time. No high‑impact economic data is due for release today, and price action is expected to remain in a choppy consolidation pattern. Near‑term overhead resistance lies at 4345‑4365, with stronger resistance further up at the 4380‑4400 highs. Near‑term downside support is at 4315‑4300, which serves as the intraday bullish defense level. The critical pivot support zone stands at 4290‑4275. Short‑term Trading Strategy On rebound: Sell if price faces resistance within 4340‑4360 and fails to break higher. Targets: 4315‑4300 On pullback: Go long if price stabilizes within 4300‑4310.