This Week's Gold Market Review and Next Week's OutlookGoldOANDA:XAUUSDJohn-FeltDear traders： Have a great weekend! This week, we successfully made accurate multi-dimensional predictions regarding the movement of XAUUSD. Through professional technical analysis and market logic research, we accurately grasped the market rhythm and provided reliable guidance for trading operations. First, we accurately used the Fibonacci level (0.618) to determine the strength or weakness of gold. This indicator allows us to accurately determine the strength or weakness of gold, and then trade according to our set resistance and support zones. By accurately using this indicator, all our predictions were highly accurate. Secondly, we analyzed the strength or weakness of gold during the European session to plan our US session strategy. This made our trading more flexible, rather than relying on a single technical indicator to judge the market. This ensured our trading accuracy was extremely high. From Monday to Friday this week, we executed a total of 6 orders, achieving a perfect record except for Friday when gold did not reach our trading range. Gold was in a range-bound market for most of the week, and we also shared three rules for trading gold in range-bound markets. Using these four rules, our trading was almost entirely error-free. 1. The 0.618 Principle 2. Double top resistance and double bottom support. 3. The strength or weakness of the European session and the watershed principle. 4. The alternation of bullish and bearish candlesticks on the daily chart in a volatile market. Finally, based on years of trading experience, I've summarized three points: 1. Don't arbitrarily gamble on the direction; only make trades with clear objectives. 2. Strictly control trading frequency. 3. Strictly set stop-loss and take-profit orders. A stop-loss might result in the loss of an order, but not using one allows for a full-blown gamble. Summary: Trading itself is extremely simple, but achieving a high return on investment is a challenging task. This week, our assessment of trend sustainability and key price levels was flawless. Our breakout trading rules were accurately validated by market price movements. Return on investment reached a new high again. Looking ahead to next week: Gold closed above $4500, which is relatively positive for gold's performance next week. As long as it doesn't fall below the $4490 area, gold is likely to rebound. We need to pay attention to the support level at 4490-4500 and the resistance level at 4565-4585.