XAU/USD: Recommendation to sell high and buy low today.GoldOANDA:XAUUSDActuaryJMy recommendations: BUY: 4010–4020, SL: 3990, TP: 4080–4110; SELL: 4110–4120, SL: 4140, TP: 4050–4020; Gold is expected to continue its weak, range-bound movement today. The weekly chart shows seven consecutive weeks of decline, maintaining a bearish structure. Although the daily chart closed with a slight gain on Friday, the price remains capped by resistance from the 10-day and 7-day moving averages (at 4138 and 4090, respectively), which are sloping downwards. The RSI is below the 50 mark, and the price is tracking between the middle and lower bands of the Bollinger Bands. On the shorter-term 4-hour and 1-hour charts, gold rebounded from lows following Friday's sharp drop in the US Dollar Index. The moving averages are showing a bullish "golden cross" pattern, and the price has moved back above the Bollinger Bands' middle line. After previously being in oversold territory, the RSI has recovered to near the 50 level. While the daily and weekly structures remain bearish, the short-term charts indicate an opportunity for a rebound. The trading strategy is to sell high and buy low.