The next big opportunity for gold lies in a valid breakout from the current range. My subjective judgment is that gold prices may fluctuate repeatedly within a wide range of nearly 10% between 4690 and 5150 (optimistically, for a month?). We need to patiently wait for it to develop a clear structure amidst the fluctuations: predict the direction of the next trend by observing the changes in consecutive highs (HH) and lows (LL). If the price pattern shows a pattern of rising highs and falling lows (HH, HL), bet on a long position. If the price pattern shows a decreasing high and low (LH, LL), consider shorting. Currently, I am more inclined to look for high-odds short opportunities when the rebound is weak.