A Wang An’an 4.27 Gold (XAU)Intraday Analysis:



In the early session, gold opened with a gap down and is consolidating weakly in the short term. Bearish sentiment is intensifying in the short run, but it’s not advisable to chase a short. 4660 is a key strong support and has been validated multiple times. For resistance above, watch 4750; for the downside, buy-side demand is sufficient. Medium- to long-term geopolitical safe-haven demand and central bank gold buying remain favorable ❗️

Trading approach:
For Gold (XAU), on the rebound around the 4735 area, consider selling; targets: 4680–4650 $XAUT
XAUT-0,02%
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