Gold Trading Strategy and UpdatesGoldOANDA:XAUUSDaosf9860Hello everyone： On the daily chart, gold continues to consolidate within a narrow range, with short-term moving averages remaining essentially flat. On the 4-hour chart, short-term moving averages are beginning to converge and fan out upwards; prices may be constrained within the 4080–4140 range in the short term. On the hourly chart, the price is currently fluctuating within a tight range at a high level; the breakout above 4100 lacked follow-through, and lower-timeframe charts suggest a degree of divergence is developing. During the US trading session, gold is maintaining a range-bound trend with a slight bearish bias. As I noted during the European session, the resistance zone for gold lies between 4120 and 4135. Gold faced clear resistance after rebounding to a high of 4137. Our short positions initiated in this zone are currently showing a modest profit, validating the accuracy of our trend analysis. Given the limited volatility, conservative traders may wish to lock in profits on existing positions. Trading recommendations: Go short near 4125–4130 (stop-loss at 4140) or go long near 4080–4090 (stop-loss at 4070).