Gold has shown a clear downtrend in recent days. Operational recommendations focus on shorting opportunities when it rebounds to the 4670-4690 range, with targets lower at 4580 and 4514 levels; if price retraces to the 4520-4530 range and holds above it, consider light long positions with a stop loss at 4500 and targets at 4580-4600; overall, prioritize shorting on rallies, strictly manage stops, and control risk.

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