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$XAU Technical Analysis: The upward trend in gold prices remains intact. However, the Relative Strength Index (RSI) indicates that bullish momentum continues to weaken; while the index remains above the neutral line, its trajectory is flattening.

To sustain the upward trend, traders need to push gold prices back above $4,500, which would clear the path for testing the historical high of $4,549. The next target is $4,600.

Should gold close below Wednesday's low of $4,423, a decline toward the $4,400 level could accelerate. If gold breaks below $4,400, the first support will be the 20-day Simple Moving Average (SMA) at $4,376. Key intraday resistance levels to monitor are $4,480 and the psychological $4,500 mark, while support focuses on the $4,440-$4,500 range. Maintain a Buy-focused trading approach! Strategy: Buy: $4,448-$4,500 TP: $4,475-$4,478 If $4,480 is breached, lock in TP at $4,495 #XAUUSD