Yesterday, the gold price maintained range-bound movement within a small band. It first fell to around 3,980, then rebounded during the European session to around 4,035.

Tonight, favorable news from cpl led to a sharp rise to around 4,100, but momentum was insufficient, and it fell back to close at 4,040.

For intraday trading, the focus is still on selling rallies. Key resistance to watch is the 4,090 and 4,100 area; if price moves there again, short positions can be continued.

The broader bearish trend has not changed. What we are seeing now is only a short-term rebound, not a trend reversal.

Trading recommendation: short at the 4,085 and 4,100 area, with targets at 4,000 and 3,950.
$GT #预测世界杯法国VS西班牙