Gold prices return to range-bound trading.

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Gold prices return to range-bound trading.GoldOANDA:XAUUSDActuaryJGold prices rose yesterday, with the New York closing price once again above the 10-day moving average (MA10) at 4092. Currently, the 10-day and 7-day moving averages are converging and moving sideways, with the RSI indicator hovering around 50. On the shorter-term 1-hour and 4-hour charts, gold prices have returned to above the Bollinger Band's middle band, but the moving averages remain close together, and the RSI indicator is above 50. This round of gains is a corrective rally after a decline; the long-term downtrend has not fundamentally reversed. The previous low support zone has been tested multiple times, indicating strong buying pressure at the bottom. Avoid blindly chasing the price higher, and don't be overly bearish. For now, adopt a strategy of buying low and selling high. Support: 4092/4073/4055/4030. Resistance: 4140/4158/4176/4188. My recommendations: BUY: 4080-4090, SL: 4060, TP: 4150-4180; SELL: 4150-4160, SL: 4180, TP: 4080-4050;