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Successfully concluded,New opportunities are on the way!GoldOANDA:XAUUSDPrecision_Strategic_TraderGold Technical Analysis: From a weekly chart perspective, gold failed to continue the rebound momentum of the previous week, with a bearish candle engulfing some of the gains, closing near $4100, indicating heavy selling pressure above. On the daily chart, gold prices encountered strong resistance and fell back after touching above $4200 (the high at the beginning of the week was $4202). After three consecutive days of decline, prices stabilized slightly on Friday. The technical pattern shows that gold prices are still within the downward channel since May. The 20-day moving average (4140) and the 100-day moving average (4610) are both above the current price, forming medium-term resistance. The key support below remains the psychological level of $4000. If this level is breached, it may trigger a technical sell-off, further testing the previous low near $3940. The 4-hour chart shows gold prices fluctuating around $4100, with short-term moving averages converging. The Relative Strength Index (RSI) remains in the neutral-to-weak zone (around 43), indicating that short-term downward pressure has weakened but upward momentum is insufficient. Resistance levels are at $4123 (100-period moving average), $4133 (20-period moving average), and the strong resistance zone of $4180-$4200. Support levels to watch are $4080, $4050, and the $4000 mark. Overall, the recommended trading strategy for Monday is to primarily sell on rallies and secondarily buy on dips. Key resistance levels to watch are $4140-$4150, and key support levels are $4070-$4050. Please stay tuned for further updates.