GOLD: BUY AFTER A 70-POINT PULLBACKGoldOANDA:XAUUSDMarco-WilsonGold has been trading within a range-bound pattern during the day, touching a low of 4967 earlier today before rebounding to above the 5000 level in the afternoon after retesting the 4970 zone. Yesterday, we provided a long strategy and analysis for the 4965-70 area, as price action remains challenging for either bulls or bears to break out of the current range. Therefore, securing an optimal entry level is crucial. The 4965-70 support zone, which I emphasized today, serves as a key level. Entering long near this level remains a solid approach. Although there were signs of a rebound after the U.S. session opened, chasing the upside at elevated levels is not advisable, given the uncertain breakout prospects and signs of bullish exhaustion. A pullback-entry strategy remains prudent. Although gold is currently in a corrective phase, we are closely monitoring the resistance around 5065, with particular attention to the short-term hurdle at 5100-20. On the downside, support around 4960-65 is critical. Trading should remain range-bound for now, and specific operational strategies will be updated intraday. Stay tuned for real-time updates. Gold Trading Strategy: 1. Go long on a pullback to 4965-70, with a stop loss at 4957. Take profit at 5068-70. Hold further if the price breaks above. 2. If the rebound fails to break above 5065-5080, enter short. Add to short positions near 5100-10, with a stop loss at 5127，Target range: 4985-5000.