Yesterday, gold experienced overall oscillations, repeatedly trading around the 4520-4600 range, breaking below 4500 after 2 AM, with a low touch of 4485.

The trend belongs to the fourth wave pullback and consolidation within this round of rally, with the bullish structure intact. The pullback is dominated by long positions on dips.

If intraday continues lower, go long near 4460, stop loss at 4445, target first looks at 4558-4560, break then look at 4600-4630.
If Asian hours stabilize and rebound directly without breaking below 4500 again, wait to enter long positions near 4520-4530, also targeting 4560 and above.
Key focus on resistance at 4558-4560, a breakthrough would push higher to 4600 and above. Use strict stops and control risk.

Long near 4460, stop loss 4445, take profit 4560 / 4630$XAU $XAG