In the short term, one should wait for a better entry point.GOLD (US$/OZ)TVC:GOLDChuck_WilsonCurrently, the key resistance level to watch in the short term is 4580-4600. Since the price has already stabilized above 4500, the primary support level to watch is 4480-4500. If the price breaks below 4500-4480, then we should look at the support level of 4420-4400, the lowest point of today's opening. Regardless of how the price continues to fall, we should wait for this downward correction to complete and for the price to stabilize before considering going long again. The overall strategy remains to buy on dips. 1. If the price does not fall further below the 4480-4500 level, then we can consider going long again near the support level of 4500 in the short term, and the upside target is the resistance level near 4580; (Primary trading strategy). 2. If the price breaks below the 4480-4500 support level in the afternoon, then we should wait for the downtrend to continue slightly. We can then wait for the support level around 4400-4430 before considering going long again. For long positions at this level, we should still watch whether the price can hold above the 4500 level. (Secondary strategy for going long). 3. If the price touches the resistance level of 4580-4600 again before the close but still fails to break through, we can consider shorting with a small position. We can then exit the position near the support level of 4500-4530. The main strategy is to wait for the price to pull back and go long. (Short positions can be considered after exiting long positions). XAUUSD GOLD XAUUSD GOLD1! XAUUSD