Gold Slips Under Pressure: New Lows Incoming?GOLD (US$/OZ)TVC:GOLDMr-K001On the hourly chart, the price fell to a low of 3975 in the early morning session. As expected, the Asian session opening usually marks the start of a decline. The immediate resistance level is around 4010. If there is a rebound in the early morning, consider shorting at 4010 to anticipate further declines. Alternatively, if the price is extremely weak and directly pressured below the 4000 level, consider entering a short position earlier. Adjustments will be made based on real-time market movements. In summary, today's short-term trading strategy for gold is to primarily sell on rallies and secondarily buy on dips. The key resistance level to watch in the short term is 4040-4050, and the key support level is 3940-3950. Trading Strategy Reference: Short Position Strategy: Strategy 1: Sell gold in batches around 4010-4020 with 20% of your position, stop loss at 4040, target 3970-3950, and if it breaks through, look for 3930. Long Position Strategy: Strategy 2: Buy gold in batches around 3930-3940 with 20% of your position, stop loss at 3910, target 3980-4000, and if it breaks through, look for 4010.