Gold Trend Shift: Ride the Bullish Wave!GOLD (US$/OZ)TVC:GOLDrjycmxYesterday's CPI data for gold came in mild and in line with market expectations, signaling a slight easing of pressure regarding Federal Reserve rate hikes; the impact on gold was limited, though late-session trading saw volatility and a "shakeout" near the highs. The daily chart closed with a bullish candle featuring a long upper wick, indicating that bulls still dominate the market. However, a lack of short-term news catalysts makes the price prone to range-bound volatility and shakeouts, with resistance present near the upper Bollinger Band. Therefore, avoid chasing rallies or panic-selling; instead, enter trades near the range boundaries. Regarding this morning's rapid surge, do not chase the high; conversely, one might consider shorting above the 4440 level—be bold in prediction but cautious in verification. On the 4-hour chart, the price action remains relatively strong, positioned between the moving average and the upper Bollinger Band. Intraday support levels are at 4383 and 4350, while resistance levels are at 4450 and 4500. The primary strategy is to go long on pullbacks, with shorting at highs as a secondary approach. Trading Recommendations: Go long on gold near 4385–4383; stop-loss at 4373; targets at 4400, 4430, and 4450. If the pullback is significant, look to go long near 4350–4348. During the morning session, consider shorting near the 4440–4450 resistance zone.