$XAU USD: Oversold Rebound

$XAU USD is trading in a high sideways range after an oversold technical recovery, with no solid bullish single-sided trend. Intraday upside is capped below 4356. Markets await the Fed rate decision, with capital adopting a buy-low sell-high strategy amid heavy overhead selling pressure. The key downside support sits at 4300.

Key Levels
Resistance
R1: 4352-4356
R2: 4360-4380

Support
S1: 4325-4330
S2: 4285-4300

Trading Strategy
Buy: 4325-4330
SL: 4280
TP: 4352 - 4360 - 4380

Sell: 4352-4356
SL: 4362
TP: 4330 - 4290 - 4250