The technical pattern of gold's 4-hour trend has not yet fully opened, and it tends to continue to maintain a relatively volatile trend in the short term. After the continuous rise in the hourly trend, the K-line is now running outside the upper track of the Bollinger band, and it is not too far from the pressure zone of the oscillation range. The space for continuing the upward trend in the late trading may not be too large.
The data released by the United States is bullish for gold to rise in the short term, reaching a high point near 2358. Affected by the high pressure level, the one-hour upward energy is significantly weakened. Although the one-hour continuous positive trend is very strong, the yellow metal is still in a range of fluctuations. At the same time, the gold price has seriously deviated from the moving average indicator and needs to fall back or fluctuate and consolidate at a high level. For the end-of-day operation, refer to the short-term opportunities near 2358-60. Overall, the short-term operation strategy for gold today is mainly short-selling on rebounds; supplemented by long-selling on pullbacks. The short-term focus on the upper side is 2360-2364 resistance, and the short-term focus on the lower side is 2313-2315 support.