Next Week Trend: Range-bound with Bullish Bias, Buy on Dips)GoldOANDA:XAUUSDArthur-Davies📈 **Bullish Core Thesis (Next Week Trend: Range-bound with Bullish Bias, Buy on Dips)** 1. 📊 Weekly Single-Pin Reversal Confirms Bottom, Bearish Trend Ends Gold tumbled from 4750 to 4365, a total drop of $385. The weekly long lower shadow forms a V-shaped reversal, firmly establishing 4365 as the medium-term bottom. Historically, such candlestick patterns correspond to over an 80% chance of a lasting rebound. Upside targets for next week: 4580 / 4620. 2. 💹 Inflation Cools & Rate Hike Expectations Ease, Dual Bullish Catalysts Core PCE posted a weaker-than-expected monthly reading, pulling down December rate hike odds. The US dollar and Treasury yields retreated accordingly, lifting gold’s valuation and attracting continuous capital inflows into long positions. 3. 📈 Technicals Turn Positive & Capital Flows Improve Weekly and daily charts show clear bottoming signals, and the 4-hour chart has formed a full bullish structure. Short positions are being covered, gold ETF holdings have stabilized, selling pressure fades and buying capacity strengthens, paving the way for further gains. 4. 👷 NFP Outlook: Neutral-to-Bullish for Gold May Non-Farm Payrolls are forecast at 140K, up from 115K previously. The unemployment rate is set to hold at 4.3%, and wage growth will moderate. Solid employment alongside softer inflation means the Fed will likely keep rates steady rather than hike further, creating a favorable fundamental backdrop for gold.