From the 4-hour level, gold has experienced a significant drop from 3500 to 3260. Currently, the market is consolidating under the middle track, ranging between 3360 and 3250 USD. The Bollinger Bands are continuously narrowing, and the short-term market remains in a range consolidation until the Bollinger Bands open up again to choose a new direction. In the future, it is uncertain whether the consolidation will end with a breakdown leading to a larger degree A wave or an upward breakout that restarts a new wave of rise. Before the range is broken, short-term trading within the day should focus on high shorts and low longs, with an emphasis on high shorts. Aggressive traders may consider short longs in batches at 65-70, looking for a breakout at 80-90 to follow the trend. Overall, today's short-term trading for gold should focus on the resistance level of 3330-35, while the short-term support level is at 3260-65. The next target range is from 3360 to 3380.