Gold prices fluctuated upwards on November 3rd, but bulls faced

From the 4-hour chart, the current resistance level to watch is 4030-35, with a key resistance level at 4047-55. The short-term support level is 3965-70. The recommended strategy is to primarily sell on rallies, avoiding chasing the market and patiently waiting for key entry points. Specific trading strategies will be provided during trading hours; please pay close attention.

Gold Trading Strategy:

1. Sell gold on rallies to 4030-35, add to the short position on rallies to 4047-55, stop loss at 4069, target 3960-3965, hold if it breaks through.