Gold is in a long-short tug-of-war, waiting for a break

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Gold enters the range fluctuation in the 4-hour chart. From the chart, we can see that the trend is triangular, with high points gradually moving down and low points gradually moving up. When the space cannot be expanded, there will be a breakthrough in one direction. There will be news this week. Therefore, short-term trading still depends on highs and lows. The daily chart MACD begins to cross downward. The daily chart is horizontally consolidated and paused, unable to set a new high, and there is still a need for short-term correction. In summary, I suggest that short-term operations should focus on long and short positions, supplemented by long positions.

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