GOLD(XAUUSD): Latest Update On XAU 04/05/2026

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Dear Traders,

We shared analysis yesterday and it’s been moving nicely, gaining a total of +1660 pips. We expect the price to continue falling from its current range of $4523-$4528. From this zone, we anticipate a sharp drop towards $4350, our final target. This target lies in the area with strong bullish volume. If you agree with our idea, please like and comment and follow us for more insights.

Good luck and trade safely!

The Setupsfx_ Team
Operación cerrada: precio stop alcanzado
Our technical analysis was right however the fundamental changed on the course of last couple of days including weekend. This changed the overall bias of the Gold therefore change of character was imminent.

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