$XAU gold $Xau on a large-level uptrend; the uptrend line has not been broken down yet. The long-term bullish structure remains intact. On the 4-hour chart, a T9 reversal indicator appears, and the 4-hour shows a double-bottom rebound! With Mid-Autumn and National Day as favorable news for gold sales, it’s bullish📈. Personally, I think this wave won’t break below 4200. Now with rate hikes, oil is rising, the US dollar index is high, and bond yields are also high—what negative news has come out has not affected a big drop in gold. After washing/sideways consolidation for a few days, it should rise again back to 4400 next week.