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🔍 XAUUSD Gold Analysis — 15 Minute Frame
After the gold price fell strongly from the 4730 area, it is still running within the correction range, and there is a short-term buying rebound attempt.
📌Technically:
Prices are currently holding above the 4600 support, which supports continued corrective gains towards 4625 and then 4645.
But at present, as long as it trades below 4660, the short-term trend is still bearish.
📈 Positive Scenario:
Stability above 4600 could push the price to retest:
4625 → 4645 → 4660
📉 Negative Scenario:
A break above 4595 and a hold below it could cause selling pressure to turn:
4570 then 4520
⚠️ Due to the current volatility, it is best to wait for a clear breakout or breakout before entering the market.