Gold has seen several consecutive days of gains on the daily chart, but the four-hour chart shows a pullback after a surge, closing with a large bearish candle breaking the previous four-hour low, indicating a weakening trend. Furthermore, the daily chart is gradually entering a topping phase, so selling on rallies remains a viable strategy. Trading suggestion: Sell near xau4385-4400, with a target near 4300 and a further target of 4440.
Gu Jingci: Gold (XAU) Trading Strategy Analysis
2026-08-11 06:49:25
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