A pullback and consolidation before continuing the upward surge.GOLD / US DOLLARPYTH:XAUUSDChuck_WilsonGold still has room and demand to rise today. Buy on dips, with support at around $4715. Buy above this level and target $4800. Fundamentally, the US-Iran conflict negotiations are not expected to proceed smoothly, making it difficult for gold to experience a desirable one-sided upward or downward trend in the short term. Lower pullbacks are generally safer; chasing high prices is less effective than attempting short positions. Focus on short-term swing trading in the near term. For long positions, reduce positions on rallies; for short positions, reduce positions on dips. In short, the overall trend is expected to be upward within a range, offering opportunities for both long and short positions. Avoid chasing the market. The key resistance level to watch is 4800, with support at 4715-4730. An unexpected drop to 4700 could present an opportunity to enter a long position with a 10-point stop-loss, a safe and conservative approach. If the price falls further, look for opportunities to re-enter with a short-term stop-loss. From a swing trading perspective, the bullish trend remains intact; currently, a strategy of primarily long positions with secondary short positions is recommended. XAUUSD GOLD XAUUSD GOLD1! XAUUSD