XAU Gold Market Analysis 2026.04.07 Since I was able to predict the subsequent gold trend on March 1st and it was validated by the end of March, I believe the forecast I’m sharing today with Chart 3 will also come true. Last night, I opened a short position because the upward movement was blocked and the risk-reward ratio was favorable, so I also notified friends to join in. If the price breaks below 4600 in the next couple of days, it will increase the likelihood of following the blue route in Chart 3. A break below 4553 would confirm it completely. If the price breaks above 4800 again this week, it’s highly likely to follow the red route, but that essentially just adds one more high point. The first wave of the rally starting from 4100 is already nearing its end, and a pullback is inevitable. Since the possibility of the red route cannot be ruled out, I took partial profit on my short positions today and set cost protection for the remaining positions. The structure is very straightforward: if it follows the blue route, then 4100-4800 is the first wave of the rally, and the movement starting from 4800 is a pullback targeting the first wave. After the adjustment ends, there will be another wave of the same level rally. If it follows the red route, it simply adds a high point above 4800, but the subsequent trend won’t change. In April and May, we might see gold prices starting with a 5 (based on 4100 as the phase bottom).