Mr.Qin'sBoyfriend

Spot gold prices are oscillating and trending lower, with the rebound momentum weakening, and the gold price has already broken below the key support level of $4,540 per ounce, down 0.43% intraday.
Currently, the momentum of gold's rebound is continuously weakening, with obvious resistance above, and the short-term rally is thus hindered. The US dollar stabilizes and rises, US Treasury yields remain high, continuing to pressure gold prices. The geopolitical safe-haven benefits are gradually diminishing, and market safe-haven funds are exiting on rallies.
Technical market conditions have shifte

On the four-hour chart, the high points gradually and slightly drift downward. It looks like the market is weakening, but in reality, it’s only a reduced-volume pullback used to retest and clear short-term floating orders. After the price’s center of gravity temporarily shifts downward, the selling fall quickly comes to a halt; trading volume continues to decline, and the momentum behind heavy selling keeps fading, while the downward pressure is clearly insufficient.
The chart seems as if the “big seller” is intentionally adding positions to manufacture panic and push prices down; however, thi