Gold's recent market movement is quite interesting. It opened high and surged from 4331 all the way to 4380, initially appearing very momentum-driven. However, upon closer inspection, the upward momentum has clearly weakened, and now it’s oscillating around 4380, just repairing itself with no new highs.

In the short term, the upside potential is indeed limited. My approach is to look for opportunities to short in the 4380 to 4390 range, with 4400 as a support level. If the price moves down smoothly, target 4320 first; if it breaks further, then 4280 becomes the next key level.

This move is more of a technical correction rather than a trend reversal, so everyone should assess the risk themselves.