Gold has retested the $4300 area, with bullish momentum remaining strong. Short-term traders must follow the trend and may also consider shorting gold at key resistance levels. Trading gold in recent days has been very simple. We only need to focus on major support and resistance levels to easily achieve profits.

Looking at the current daily chart, the resistance for gold is in the $4310-$4330 area, which is the starting point of gold's previous sharp decline. This area presents strong resistance; once gold breaks through this area, it will continue its upward trend towards $4500.

The support area is in the $4200-$4220 area, which is a support/resistance level. If gold retraces to this area, it presents an opportunity to go long.