Gold prices surged in the short term due to a risk aversion frenzy, breaking above 4510, with bulls short-term overextending their upward momentum. After the surge, the risk of a pullback is gradually increasing.

Short-term strategy mainly focuses on shorting:
Buy short positions in batches near 4500-4510 as the price approaches, with a stop loss above 4515, and short-term targets at 4480→4460;

If a strong breakout above 4510 occurs, abandon the short position strategy to avoid being caught against the trend, and keep a light position throughout to manage risk. #Gold