XAUUSD: Latest Trading Strategy

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XAUUSD: Latest Trading StrategyGOLD (US$/OZ)TVC:GOLDEhistSvixeGold continued its downward trend on Monday. The key resistance at 4580 proved effective, pushing the price back below 4500, and the overall downtrend remains unbroken. The market is currently trading between 4480 and 4580. You may go long when the price first touches the support zone, and go short when it reaches the resistance zone. The market will stay in a range-bound state in the short run. Today’s XAUUSD Trading Strategy 🎯 XAUUSD Buy: 4460-4480 🎯 Take Profit: 4540-4560 The analysis is for reference only. Please strictly manage trading risks. I will update the trading strategy promptly once market conditions change.