Spot gold short-term trading advice: range-bound oscillation, buy on dips, sell on rallies

(1) Analysis rationale: The Federal Reserve maintained its interest rate unchanged but released a hawkish signal, pushing up the US Dollar Index and US Treasury yields, thereby weakening the appeal of gold. In the short term, the technical structure has weakened, and prices continued to correct after breaking below the key range. However, the RSI is approaching oversold territory, indicating a need for a technical rebound. Overall, the outlook remains weak and range-bound. (2) Key focuses: US Treasury yields, US Dollar Index, geopolitical situation (3) Resistance: 4600, 4650, 4680 (4) Support: 4550, 4520, 4500;