Gold Continues Its Mild Uptrend in the Short TermGoldOANDA:XAUUSDMian-FXSignals📊 Market Overview: Gold is maintaining its upward momentum, supported by a positive market reaction to weaker employment data and comments from Fed Chairman Warsh, which have reduced expectations of further monetary tightening. This has boosted demand for gold as a safe-haven asset. 📉 Technical Analysis: • Key Resistance: 4,068 USD (recent high) and 4,080 USD. • Nearest Support: 4,030 USD (psychological level) and 3,991 USD (recent low). • Moving Averages: The current price (4,055.640 USD) is trading above the DEMA 9 (4,052.920 USD) and SMA 9 (4,051.152 USD), confirming that the short-term bullish trend remains dominant. • Candlestick / Volume / Momentum: The RSI stands at 57.16, indicating stable bullish momentum without entering overbought territory. This suggests there is still room for further upside if buying pressure continues. 📌 Outlook: Gold may continue to rise in the short term if it holds above the 4,030 USD support level and breaks through the 4,068 USD resistance with strong trading volume. 💡 Suggested Trading Strategy: 🔻 SELL XAU/USD: 4,080 – 4,083 USD 🎯 TP: 40 / 80 / 200 / 300 pips ❌ SL: 4,088 🔺 BUY XAU/USD: 4,030 – 4,027 USD 🎯 TP: 40 / 80 / 200 / 300 pips ❌ SL: 4,022