#XAUUSD Technical Analysis: Above the strong resistance: 4400 psychological level. This level has acted as a key resistance in multiple recent rebounds; on the daily or hourly chart, you need to close above it to confirm that upside potential is on and the target points to 4450–4500. Intraday bullish/bearish key zones: 4345–4350 Below the strong support: 4300–4310. This is the core defensive area after last week’s sharp sell-off (and also a key area for this week)! With the bearish catalyst having played out (rate hikes have been priced in), gold is trying to build rebound momentum and retest the 4400 resistance level. Keep an eye on buy positions! Strategy: Buy: 4348–4352; Target: 4393–4395; Stop-loss: 4330