Gold Market Analysis for Next MondayGoldOANDA:XAUUSDgpvsagOn Friday, gold dipped during the session then rebounded, holding above 4350 and closing near 4375, yet it failed to push higher. Heavy profit‑taking from earlier long positions was underway for market consolidation. This marks a fresh start, signalling a trend shift from bearish to bullish. Key near‑term support lies at 4340‑4350, the zone where price stabilized on Friday and the lifeline for short‑term bulls. As long as this level is not broken decisively, the bullish setup remains intact, leaving room for a second upward rally. A clear break below this support would trigger a deeper pullback toward the strong support zone of 4300‑4320. This major bullish defence level is expected to draw dip‑buying flows and fuel a bounce. Immediate overhead resistance stands at 4400‑4420, where repeated upside attempts have been rejected. Further up, 4440‑4450 represents strong psychological resistance. Only a firm close above this zone will unlock fresh upside potential; otherwise, price will stay confined within a high‑range consolidation. The overall bullish bias remains unchanged. No high‑impact economic data is scheduled for next Monday, so markets will likely stay cautious. Sharp one‑sided rallies or sell‑offs are unlikely. The market outlook points to range‑bound bull‑leaning action at elevated levels, intended to shake out retail traders. Do not let intraday swings cloud your mindset; stick to the bigger‑picture trend. 🎯 I deliver objective market analysis and trading strategies every day.