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Gold once again faced resistance at the 5090 level and pulled back. Currently, it is not the right time to position; the market is still consolidating and gathering strength. The real opportunity will only emerge after market sentiment is fully released and the trading pattern consolidates again.
Operationally, it is recommended to stay on the sidelines. If the price dips back to around 5000 and stabilizes, consider a light long position. The first target is 5070; after breaking through, it could reach the 5090-5150 range. If the price drops sharply below 4990 with increased volume, it indicates that this round of rebound may have ended, and a reassessment of the short-term trend is necessary.