Gold: Watch Double-Bottom

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Gold: Watch Double-Bottom GoldOANDA:XAUUSDTradeCore_EvanGold rebounded to around 4330 today before pulling back again, remaining in a range-bound pattern — in line with yesterday’s view. On the 30M chart, we can watch for a potential double-bottom formation. If it takes shape, a rebound could follow. If not, the next low may fall below 4200. In terms of trading, if price drops to around 4200 or lower, buying can be considered. On the bounce, focus on the 4237–4243 zone. If price breaks below 4180, upside expectations should be scaled back — levels to watch include 4216/4227–4236. Trading tips: avoid shorting near or below 4180, and avoid going long near or above 4270.