Let's get straight to the point: Gold Trading Strategy UpdateGold vs US DollarPEPPERSTONE:XAUUSDGENEKERES Gold prices dipped ahead of yesterday's Fed rate decision, and the Fed kept rates unchanged. Powell's speech remained hawkish, causing gold to fall sharply to around 4800. Gold may be entering a period of wide-range fluctuation. The short-term overall trend for gold is weak, but considering Powell's hawkish comments, gold quickly rebounded after the initial drop, indicating strong support at lower levels. Currently, gold is relatively weak. Intraday, watch the 4805-15 support level. The market has already released downward space, and further declines may take time. Gold may see a technical rebound in the European session. On the upside, watch the 4865-80 and the short-term resistance around 4900. If gold fails to break through 5020, it may continue to fluctuate below that level. Those who follow me should know that I focus solely on short-term trading and clear market analysis. In short-term trading, there is no perpetually rising or falling market, only the correct entry point at any given moment. By accurately grasping support levels and employing swing trading strategies, I have indeed helped many friends achieve stable profits over the years. Profitability is never based on luck, but on a trading logic that has withstood the test of the market.