#美联储重启降息步伐 Last Friday's sharp drop in gold was actually just a repeat of the four-hour range. Although the drop was quite fast, overall, it is still fluctuating within the consolidation zone, and on the daily chart it remains in a high-level sideways, resilient posture. To put it simply, the market is waiting for a clear signal.

From a technical perspective, the four-hour Bollinger Bands are currently moving sideways, with the range roughly between 4180 and 4230. Within this range, a strategy of buying low and selling high can be considered.

Refining to the hourly chart: around 4190 is a short-term support, while 4216 is the mid-range resistance. In terms of operations, the support zone of 4180-4190 can be used to try long positions, while the resistance area of 4216-4230 is suitable for laying out short positions.

On the daily chart, the stochastic indicator has already formed a bearish crossover, technically biased to the downside. The pattern is showing fragmented small bullish and bearish candles at high levels, with the key support below at the 4110 area.

Overall, today the strategy remains range-bound. The support zone of 4180-4190 can be considered for short-term longs, and the resistance zone of 4216-4230 for short-term shorts on pullbacks. The specifics still depend on market movements, so strategies should be adjusted at any time.