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Gold intraday analysis $XAUUSD
The overall direction is slightly bullish in the short term, but it is an oversold rebound in nature; the medium-term trend still needs confirmation
Key confirmation: if the daily close holds above $4,114 (weekly moving average resistance) = rebound continues; if the close falls below $4,085 = rebound ends
Trading principle: mainly look to buy on pullbacks at lower levels, set strict stop-losses, and don’t chase; today’s long/short battle zone is $4,134-$4,138