$XAU/USD (XAUUSD.CFD)$ The main force continues to buy

Market Recap:
On April 9th, gold initially dropped then rebounded. It first pulled back to a low near 4699, then oscillated higher. The Asian and European sessions saw it reach as high as 4759 before retreating, and during the US session, it surged to 4801 before pulling back again. It ultimately closed at 4764, forming a small bullish candle. The movement could be said to have been perfectly predicted!
Strategy review: Early on April 9th, the trading strategy was provided:Gold surged unexpectedly but fell naturally; the intraday direction requires attention to these two price levels!》Click to view
① If there was a pullback near 4700 intraday, a long position could be taken. The Asian session saw a low near 4699, followed by a rally. Before the US session, it reached as high as 4759, allowing the strategy to profit successfully;
② The strategy suggested going short near 4760. In fact, this level was touched during the European session at 4658, then fell to around 4635 before rising again. Of course, when I gave the US session strategy, I also mentioned that if you hadn't entered, don't take the trade. Instead, I recommended going short near 4800. During the US session, the price surged to 4801, precisely triggering the target, then retreated to around 4760 to consolidate. It can be said that the market movement on April 9th was completely within my analysis and expectations.
News update:
① Although everyone agreed to a ceasefire, the shelling hasn't stopped. Talks continue while fighting persists, and the strait remains closed. Therefore, the next focus will still be on developments in the Middle East situation;
② At 20:30, the US March quarter-end CPI year-on-year rate will be released; (Key focus)
Technical aspect:
The daily chart remains in a bullish rebound, and the 4-hour trend is still biased upward, but clearly, bullish momentum...

During the US trading session, I took some time to briefly explain the strategy: clearly suggested going short near 4800. The highest point reached during the session was 4801, and now it has pulled back to 4760. Wasn’t the price level and trend perfectly predicted?
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$XAU/USD (XAUUSD.CFD)$ $USD/XAU (USDXAU.CFD)$

Market Recap:
On Monday, April 6th, gold prices traded within expectations, consolidating after retreating to near 4600 during the Asian session. The price then began climbing, reaching above 4700 before pulling back. It ultimately closed near 4649, forming a doji. Failing to close above 4680, the short-term direction of gold remains uncertain and unclear.
News update:
This week's key data releases are concentrated on Thursday and Friday, with relatively calm market conditions from Monday to Wednesday. Focus will be on developments in the Middle East. A ceasefire could lead to a rapid short-term rally, while escalating tensions may trigger a quick drop. If news remains subdued, the market is likely to trade sideways in wait-and-see mode. $XAU/USD (XAUUSD.CFD)$ $USD/XAU (USDXAU.CFD)$
Back to the charts:
Last week, gold started a one-sided upward movement but unfortunately failed to sustain momentum on Friday, reversing gains and ending a four-day winning streak. On April 6th, trading ended with a doji formation.
From a daily chart perspective, despite a pullback, prices did not break below 4600 at their lowest point, indicating that the daily trend remains in a strong rebound phase. On the 4-hour chart, the entire rise seen during the Asian and European sessions was erased by the US session. Closing below 4680 further favors bearish sentiment on the 4-hour timeframe.
Comprehensive judgment:
In the absence of unexpected news, the market is likely to remain range-bound but may lean toward bullish bias. Immediate resistance lies near 4705-4760. A break above this level would signal a return to bullish momentum, with the next target aiming for 4900...