Hello everyone：

Gold saw a strong rebound during the US session, but fortunately, we closed our short positions early. Given the current situation, we cannot adopt a strategy of shorting gold again. Signals are highly time-sensitive, and gold's short-term performance is crucial.

Looking at the current gold price movement, it is highly likely to retest the resistance area of ​​$4110-$4120. Gold clearly showed resilience today. The key support level for today is around $4042, which is the lowest point for gold today. Compared to yesterday, the lows for gold are consistently moving higher.

I believe it is wiser to go long on gold at lower levels going forward. Looking at the 1-hour chart, the continuation point for gold's rise is around $4052, which is also the bottom of the largest bullish candle. Therefore, I believe we can go long on gold when it retraces to the $4050-$4060 area.