Group 1: Market Sentiment - Increased uncertainty in tariff policies is driving risk-averse sentiment, supporting gold prices [2] - Rising expectations for Federal Reserve interest rate cuts are weakening the dollar, which is favorable for gold [2] - A weak U.S. labor market and potential trade risks are reinforcing support for gold [2] Group 2: Technical Analysis - Gold is experiencing high-level fluctuations, with resistance at 3390-3400 and support at 3365-3355, close to the historical high of 3500 [2] - Bullish momentum is resilient but has not yet fully materialized; a breakthrough above 3400 could strengthen bullish sentiment, while failure to do so poses a risk of pullback [2] Group 3: Trading Recommendations - The strategy suggests a short-term focus on short positions, while remaining cautious of potential breakouts; waiting for support signals to enter long positions [4] - A light short position is recommended if resistance is encountered at 3390-3400, with a stop-loss above 3405 and a target of 3375-3370 [4] - If 3400 is effectively breached, short positions should be avoided, with attention on levels 3410-3420, and caution advised for chasing long positions [4] - A light long position is suggested if stability is observed at 3370-3365, with a stop-loss below 3360 and a target of 3380-3385 [4]