You can go long around 4500.

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You can go long around 4500.GOLD / US DOLLARPYTH:XAUUSDChuck_WilsonGold has been primarily trading within the 4580-4480 range. From a short-to-medium-term perspective, as long as this range remains unbroken, we will continue to focus on range trading, buying low and selling high. However, given our bullish medium-to-long-term outlook, we can consider establishing long positions when prices pull back to key support levels, patiently waiting for a breakout above 4580. Based on the recent consolidation, a turning point is likely to occur on Wednesday or Thursday. 1. From a short-term trading perspective, our main strategy for gold is to use 4480 as the final stop-loss support level to aim for a rebound. We can enter trades around 4495-4500. For short-term long positions, we can exit at the 4545-4555 level, the primary resistance level from yesterday. For medium-term positions, we will further monitor whether the key resistance level of 4575-4580 can be broken. 2. Currently, the strategy remains to buy on dips. For short positions, we will wait for this rebound to move higher and observe the breakout of various resistance levels. We will then adjust our short-term short positions based on market conditions. We will promptly notify each of our live trading clients. Due to the relatively small short-term volatility, some market updates may not be possible in the articles. Please feel free to contact me if needed.