Key points to watch: Wednesday night at 8:30 PM, U.S. CPI data will determine the short-term gold market trend. The major trend has broken through the critical resistance level at 4220, confirming the main upward trend. Intraday short-term key pivot point: 4320–4300, suitable for long positions. If the price holds around 4320, maintain a bullish outlook and aim for an upward test of 4545 or even higher levels. If 4320 is effectively broken, the strongest support below lies at 4220–4200. Here’s an update on the main gold liquidation levels: Price rising to 4472–4502 will liquidate $3.63M in short positions. Price dropping to 4071–4012 will liquidate $14.26M in long positions.