Reserve profits first, then trade later until a breakout occurs.GOLD / US DOLLARPYTH:XAUUSDChuck_WilsonGold prices continued to fluctuate within a narrow range, with no clear directional momentum, and retreated from above $4,700. We closed our short positions and made a substantial profit. We then opened long positions around $4,620 and made a small profit. Intraday price action fluctuated between $4600 and $4700. This afternoon, close attention should be paid to potential tensions in the geopolitical situation between the US and Iran; the key lies in whether the bears can break through the crucial support level of $4,600. This persistent volatile market has created numerous short-term trading opportunities – both shorting and going long around $4,600 to $4,670 have yielded consistently rapid profits, and we have locked in profits on all our long and short positions today. We will continue to profit from the range-bound trading until a clear trend emerges. From a technical perspective, gold has tested but failed to hold the key resistance level of $4,700 multiple times, which increases the likelihood of it falling below $4,600. Our core strategy remains buying low and selling high. Entry point: Sell around 4680–4700 Stop loss: 4725 Initial target: 4600–4620 If it breaks below 4600, the downside potential could extend to 4555–4500. Without a major catalyst, we will continue to trade within a range, waiting for trend confirmation. XAUUSD GOLD XAUUSD GOLD1! XAUUSD