JuJu1

4.26 Spot Gold (XAU/USD) Next Week Market Outlook
Gold connects the rebound highs on April 21, 23, and 25 to form a descending resistance line, with prices repeatedly hitting this line and being pushed back, confirming the downward trend.
The 1-hour chart shows a typical descending structure with lower highs and lower lows.
The current trend has not formed reversal patterns such as a W bottom or double bottom, only a single bottom structure without a secondary bottom confirmation, and the price has not broken through the 4750 neckline.
At the same time, no ascending channel has formed; the reb

Next week's key major event in the gold market—Thursday at 2:00 AM Federal Reserve interest rate decision!
On April 30th, the Federal Reserve FOMC interest rate decision + Powell's press conference will directly determine whether gold prices can break the current consolidation deadlock and establish a true trending market.
Currently, the market has mostly priced in unchanged interest rates, with the real focus of the game on the hawkish or dovish tone of the policy language:
• If a hawkish signal indicating persistent inflation and delaying rate cuts is released, gold is likely to face downwar