Gold Bottomed Out: Is It Time to Buy?GOLD (US$/OZ)TVC:GOLDMr-K001The market opened at 4028 this morning. During the Asian session, it rebounded slightly but was capped by strong resistance at 4045, and is likely to rise and then fall back. The European session will likely continue the range-bound trading. The key focus will be on the US session, where the week's closing and portfolio adjustments will amplify volatility, intensifying the battle between bulls and bears. A decisive break below 4000 would target 3959; a hold above 4045 could see bulls test 4070. In summary, today's short-term gold trading strategy is recommended to primarily focus on buying on dips, with selling on rallies as a secondary approach. Key resistance levels to watch in the short term are 4050-4070, while key support levels are 3970-4000. June 26 Gold Trading Strategy Reference: Short Strategy: Strategy 1: Sell gold in batches around 4050-4060 with 20% of your position, stop loss at 4080, target 4020-4000, and if it breaks through, look for 3980. Long Strategy: Strategy 2: Buy gold in batches around 3990-4000 with 20% of your position, stop loss at 3970, target 4030-4050, and if it breaks through, look for 4070.