Gold Eyes $4,500 After Strong Bounce from $4,440 Support

Gold bounced sharply from the $4,440 level, confirming strong support and keeping bullish momentum alive. XAUUSD is now targeting a move toward $4,500 as buyers continue stepping in.

⬤ XAU/USD has shown fresh strength after pulling back, with gold prices bouncing hard off the $4,440 support zone. The strong reaction from this level has solidified its role as a critical short-term floor for the market. The rebound came with solid buying interest, showing that bullish momentum is still in play despite brief fluctuations.

⬤ The outlook stays positive as long as XAU/USD holds above $4,440, with the broader structure pointing toward more upside. Buyers remain in control, with gold rejecting lower levels and regaining upward thrust. Near-term targets sit at $4,463, $4,475, and $4,487, with a potential push toward the key $4,500 level if buying pressure holds up.

⬤ The bounce itself adds confidence to this support zone—price has validated it again with a clear reaction. XAU/USD has consistently attracted demand when revisiting this level, and the latest move shows buyers are still active on dips. Based on this structure, the odds of a renewed push toward $4,500 look strong as long as gold stays above $4,440.

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Usman Salis E-mail

Usman has been in the blockchain space for 9 years and written dozens of articles about crypto in his career. He wants to put crypto on the global map.