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Gold 4-hour price is running repeatedly near the lower band. Yesterday's alternating large bullish and bearish candles occurred, and whether the early session can continue with small three-yang candles is key. The indicator is oversold, the main trend is bearish, and the secondary trend is weak bullish recovery. The strategy is primarily to sell on rallies, with key levels using light positions for short longs.
High shorts can target around 5074-5088-5100
If 4976-4980 is not broken, can short long; if broken, target 4930-4916-4906
4-hour close below 5070, second short entry point around 5087, follow the trend accordingly with specific signals provided during trading.
$XAU $XAG