A rise in gold prices presents a short-selling opportunity.GOLD (US$/OZ)TVC:GOLDSmith_LieHello everyone： With US stock markets closed yesterday, gold saw limited overall volatility; however, the price action showed a pattern of dipping to a low before rebounding. This offers some trading insights. Gold tested a low near the 4380 level—a critical watershed mark; if it holds above this level, the rebound and recovery phase will continue. Conversely, a drop below 4380 would give the bears the upper hand. On the 1-hour chart, gold is currently oscillating within a wide range, with prices temporarily confined between 4280 and 4510, showing no distinct trend in the short term. On the 4-hour timeframe, following a period of narrow-range consolidation, the technical structure is beginning to show signs of recovery. Short-term moving averages are starting to turn upward and fan out, and the candlesticks are gradually climbing above these averages, indicating a slightly bullish bias in the short term; watch for resistance near the 4450 level. Trading Strategy: To the upside, focus initially on resistance in the 4440–4450 range; this area marks the high point of the rebound following Friday's decline and acts as a significant resistance zone. To the downside, monitor support in the 4400–4410 range; this area corresponds to the base of the largest bullish candle currently on the chart and serves as a strong support level. With US stock markets closed yesterday, gold’s overall volatility was limited; however, the price action once again showed a pattern of dipping to a low before rebounding. This offers some insight for trading strategies. Gold tested a low near the 4380 level, which serves as a critical watershed; if the price holds above this point, the rebound and recovery phase will continue. Conversely, a drop below 4380 would give the bears the upper hand. On the 1-hour chart, gold is currently oscillating within a wide range, with prices temporarily confined between 4280 and 4510, showing no distinct trend in the short term. On the 4-hour chart, following a period of narrow-range oscillation, the technical structure is beginning to show signs of recovery. Short-term moving averages are starting to turn upward and fan out, and the candlesticks are gradually climbing above these averages, indicating a slightly bullish bias in the short term; traders should monitor the resistance near the 4450 level. Trading Recommendations: To the upside, focus on the 4440–4450 resistance zone; this area marks the high point of the rebound following Friday's decline and acts as a significant resistance level. To the downside, monitor support in the 4400–4410 zone; this area corresponds to the base of the largest bullish candle currently on the chart and provides strong support.