In early trading, gold prices are consolidating in a high range. In the afternoon, the low once again tested around 4084 near the early-session low. However, as the market slowly fluctuates, the short-term low of $4,083 is now more certain. The market is waiting for a catalyst from the news to price a directional move.



Afternoon actions: The northbound position opened around 4089 in the morning can be continued to hold. The stop-loss at 4082 and the target at 4105 remain unchanged! $XAUUSD
XAUUSD1.23%
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ScriptBoy
· 2h ago
Wait for the data—doing trades now is too exhausting.
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DividendBachelor
· 2h ago
This analysis is reliable. I followed it and did it; currently I’m making a small profit, and I hope to reach 4105.
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GasArts
· 3h ago
In the early session, I also went long around 4,089, but my position is light—my stop-loss is at 4,080. Now it looks like the rebound strength isn’t that strong, and it may need to keep testing 4,083 repeatedly. If we can’t hold above 4,095 before the US session, I may reduce my position first. Everyone, please pay attention to risk management—don’t over-leverage and gamble on news.
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BTCDCA
· 4h ago
Can 4083 hold? It feels like it’s going to break further.
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GalaxyExplorer
· 4h ago
Actually, the long-versus-short battle is quite intense right now. Technically speaking, 4083 is a key support level; if it breaks, it could lead to a drop to 4060. Before the Non-Farm data comes out tonight, it’s best to stay cautious.
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