XAU Gold Market Analysis 2026.04.10 Gold maintains the same outlook as yesterday. The distinction between the red and blue routes is based on the strength of the first rebound starting from 4100. Key resistance levels to watch are the blue zone around 4910 and the red zone around 5020. On the downside, focus on the 4700 level—if this level is breached, be cautious of the first rebound from 4100 coming to an end. Once the first rebound is confirmed to have ended, there will be an adjustment targeting it. After the adjustment is complete, there will be another wave of upward movement of the same level (with 4100 as the phase bottom).