The 11.7 range is narrowing; buy low and sell high.GOLD (US$/OZ)TVC:GOLDAnalystDavid_Gold has recently exhibited a typical consolidation pattern. After a brief dip to 3928 at the beginning of the week, it gradually stabilized and rebounded from Wednesday, briefly surging to 4020 yesterday, forming a V-shaped rebound overall, but failing to break out of the large consolidation range of 4060-3915. As time progresses, the range of fluctuation continues to narrow, forming a converging triangle pattern, suggesting the market is at a critical juncture in choosing a direction. Today's trading should focus on two key price levels: 4020 represents significant short-term resistance, while 3965 is a support level that has been repeatedly tested recently. Strategically, short-term investors can buy low and sell high within the 4020-3965 range.