Spot gold short-term trading strategy: range-bound trading, sell high and buy low.

(1) Analysis: Gold maintains an upward rebound driven by geopolitical safe-haven demand, with the market focusing on developments in the Middle East and changes in capital flows. The decline in the US Dollar Index provides support for gold prices, but rising US Treasury yields and heightened expectations of Federal Reserve rate hikes limit upside potential. In the short term, gold remains in a high-level volatile pattern, with attention on key support and resistance breakthroughs. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation (3) Resistance: 4150, 4180, 4200 (4) Support: 4080, 4050, 4000.