$XAU 3/27


Gold prices are fluctuating around 4460, up approximately 1.49%
=> rebound after a sharp decline

The USD index has fallen to 103.7, providing direct support for gold prices.
U.S. bond yields have also decreased => beneficial for the bullish recovery trend

On the 4-hour chart, the price has completed a recovery wave after a deep drop; however, on the daily chart, it remains weak.

Overall, the market is in a sideways trend but leaning slightly bullish, with the recovery momentum still ongoing.

You can look for long entry points if the price corrects back to the 4430–4440 zone
TP: ~4490
If this zone is broken, the price could surpass 4500
(Personal opinion)
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