Spot gold short-term trading advice: range-bound trading, sell on rallies, buy on dips

(1) Analysis: Gold has been supported by renewed safe-haven buying as Middle East risks intensify, with prices once again surpassing the $4,100 mark. Strength in the US dollar and high US Treasury yields still limit the upside, but Fed rate cut expectations and inflation uncertainty continue to provide support. From a technical perspective, the short-term trend remains volatile with a bullish bias. (2) Key focus: US Treasury yields, US dollar index, geopolitical situation (3) Resistance: 4,150; 4,180; 4,200 (4) Support: 4,100; 4,050; 4,000;