Spot gold short-term trading advice: range-bound volatility, sell at highs, buy at lows

(1) Analysis Reason: The repeatedly changing situation in the Middle East continues to provide safe-haven support for gold. However, the Federal Reserve's hawkish stance has been reinforced, further cooling market expectations for rate cuts this year, which has pushed the US Dollar Index and US Treasury yields to remain high, putting pressure on gold prices. From a technical perspective, gold's rebound has been limited and failed to break through critical resistance areas, so short-term movements are still mainly range-bound and consolidating. (2) Key Focus: US Treasury yields, US Dollar Index, geopolitical situation (3) Resistance: 4200, 4250, 4300 (4) Support: 4150, 4100, 4080;