Gold is experiencing short-term volatility influenced by the Federal Reserve's interest rate decision. It is advisable to avoid chasing the market and wait for favorable entry opportunities. The upper resistance level has been a site of repeated tug-of-war recently. Following the release of Fed data, there is a high probability that the trading range will be broken. From a 4-hour technical analysis perspective, the key support level for gold remains at 3,370, while the short-term resistance level is focused on 3,420.
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