Where will gold go? A key turning point is coming!GoldOANDA:XAUUSDTP-DanielI would like to share with you my views on gold next week and the trading situation this week. Please be sure to pay attention to the bottom area. For operations next week, be cautious when going long and focus on guarding against high altitudes! Relying on the 4-hour step-by-step rising rhythm, the low-long target can see the 3400 integer mark at most. On Friday, gold rose to nearly 3370, only 30 US dollars away from 3400. The daily K level is about to enter the over-inflation zone. The price is very likely to usher in a sharp correction near the 3390-80-70 mark. Warm reminder, the daily K Bollinger channel is closing, don't expect too much of a big rise, Powell's hawkish policy still exists. To put it bluntly, the market is still volatile at a large level, don't blindly shout the general direction of the bulls! The 4-hour short-term level is severely overbought. Normal positions next week can arrange short orders at the 3370-3390 level. I judge that the long space is nearing the end. Long orders are only recommended to try long positions near 3350-3340, with a target of 3370-80. The key point is to continue to arrange short positions at high levels. Once 3340 is broken, the 4-hour step-up rhythm will be interrupted. At that time, the rebound will continue to be short. The target will first look at the 4-hour middle track support of 3320. Continue to hold short positions if it breaks. The long-short watershed reference is 3320! In summary, if the market opens lower next week, you can participate in a long position in the 3350-3340 area, and remember to set a stop loss; if it opens higher, arrange short positions in batches in the 3370-3390 area! This is the main idea for next week, I hope it will be helpful to you! For more specific operational suggestions, I will update them as soon as the market opens next week. Welcome everyone to communicate and interact!