Gold price early-session analysis:

Yesterday’s gold price saw no major highlights. It maintained an overall high-range consolidation pattern, but it still failed to hold above the 4,100 level.

Gold prices repeatedly surged and met resistance, then fell back. The continuation of bullish momentum has been insufficient, and resistance above remains clear.

Focus during the day on whether the 4,100 level can be broken. Resistance to the upside is at the 4,120 level.

Trading suggestion: short at the 4,100 and 4,120 levels, with targets at 4,050 and 3,950.