Smart people are quietly seizing this opportunity of gold.GoldOANDA:XAUUSDFXStrategist_DanielTechnically speaking, the price of gold is consolidating around the high range of 4090-4160, which means that the short-term direction is facing a choice again, and both bulls and bears have opportunities. The current market is in a high-level oscillation stage, and short-term operations need to pay more attention to the grasp of rhythm and position. My personal suggestion is that you can try to arrange short orders under the 4160 pressure level. Compared with chasing long positions at high levels, the risk and profit and loss ratio of such operations are more controllable. If the 4160 position is effectively broken, then waiting for it to fall back to the 4140-4130 area before following will also have a higher cost-effectiveness. The current market is in a critical stage of breaking or building up, and you can still consider shorting based on the 4160-4155 suppression range, and stop loss when it breaks. The short-term target is 4140-4130 area. In the middle of the range, do not blindly chase the rise and sell the fall. You should stick to the idea of selling high and buying low. The target of the low long order can be set slightly farther than the short order target by 20-30 US dollars. After all, the current overall trend is still bullish, and the purpose is very clear. Short-term short-selling profits are only auxiliary, and low-level long orders are the main theme and the best choice. Therefore, a bullish outlook shouldn't be aggressive. If you do go long, you should have long positions at lower levels as support. Otherwise, you shouldn't blindly go long. Personally, I still recommend a long position in the 4100-4090 area. Given the current volatility, short selling should be secondary, with buying at lower levels as the primary focus. In terms of strategy, try to short below 4160-4155, set stop loss when breaking through, and target 4140-4130. If it breaks up and then falls back to the 4140-4130 area and stabilizes, you can arrange long orders again and continue the upward trend. After exiting the short position with profit, there is no need to feel sorry even if the market continues to decline. The key is to wait for the important level of 4100-4090 to go long again. The profit space starting from 20 US dollars is still expected.