Analysis & Strategies for Range-Bound MarketGoldOANDA:XAUUSDtndpb9 No high-impact economic data is scheduled for release today. Gold edged slightly lower, trading in weak consolidation after a decline overall. The primary near-term resistance zone lies between 4090 and 4110, where heavy selling pressure will emerge on any rebound. The medium-term watershed level is 4130–4140; the short-term bearish bias can only reverse if prices firmly break above this zone. Immediate intraday support sits at 4060–4070, today’s session low. A decisive break below this level will send gold straight to test the key psychological mark of 4000, a critical medium-term support threshold. A sustained breakdown of 4000 will unlock further downside potential. Short Selling Strategy Entry: Short on rebound to 4090–4110 Stop Loss: Above 4125 Targets: 4070 → 4060 → 4040