Gu Jingci: SanDisk's stock price has surged and still has room to rise; gold's surge and subsequent pullback will likely continue.

SanDisk has surged in the past two days, breaking through resistance levels at 1580 and 1630 before accelerating its upward trend. This is also attributed to the strength of the storage sector. After the initial rise, there has been virtually no room for pullback, indicating a very strong upward trend. SanDisk is expected to continue its upward movement. The first level to watch is the previous high of 1830, which presents short-term resistance. A break above this level would target the psychological resistance at the 2000 psychological level. Gold, after surging to 4500, has fallen back. The four-hour chart shows a pullback followed by sideways movement, a typical continuation pattern in a downtrend. Gold is expected to continue its downward correction, with short-term support at the 4300 level. A break below this level would target the 4000-4100 area.