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Today, focus on the resistance zone around $5040.
If gold fails to break through this level, selling on rebounds remains an option.
Currently, long-term trading is not recommended; focus on short-term downtrends.
Gold trading strategy: primarily short at high levels, supplemented by buying at low levels.
Short strategy: sell gold in batches near $5030-$5040. Target price: $5000-$4980. If this level breaks, the next target price is $4950.
Long strategy: buy gold in batches near $4970-$4980. Target price: $5010-$5020. If this level breaks, the next target price is $5050.
Gold is currently fluctuating around $5000; wait patiently for suitable entry points.
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