XAU/USD: Buy strategy for September 10GoldOANDA:XAUUSDActuaryJAfter opening yesterday, gold dropped to a low of $4,341.3 before rebounding. It surged significantly during the European and US trading sessions, peaking at $4,434 before pulling back to close at $4,400. On the daily chart, the KDJ indicator formed a "golden cross" after being in oversold territory, the trend indicator turned upward, and the MACD bearish momentum bars contracted; the overall daily trend leans bullish, with potential to break above this week's high of $4,443 today. On the hourly chart, gold pulled back to the MA40 moving average during the Asian session before rising. With consecutive bullish candles, the price is currently hovering around $4,414. The MA5 moving average is sloping upward, the KDJ indicator shows a golden cross, and MACD bearish momentum bars are shrinking, indicating a short-term bullish bias. Combining this with the daily trend, the strategy for the day favors buying on pullbacks to support levels; key support areas to watch below are the $4,400 psychological level and the previous low of $4,375. My recommendation: BUY: 4,390–4,395 | SL: 4,380 | TP: 4,420–4,430