Gold suddenly drops, breaking key support levels, catching bulls off guard: Why does a healthy rebound trend suddenly fall? What are the underlying reasons and capital logic behind this?

Preliminary predictions: This year is a major cycle adjustment year for gold, with the April rebound only a short-term correction. The real critical window is in May-June. This decline was just an early start; it may seem unexpected, but it is actually within reason.

Currently, it is not advisable to be bullish; focus on shorting on rallies. If there is a rebound and surge during trading, it could be a good shorting opportunity—just wait patiently for signals.

This major gold decline is accompanied by the dollar stabilizing and strengthening, fundamentally due to capital flowing back into the dollar and boosting the US dollar index. Keep a close eye on the dollar index’s strength: if it continues to rise, the dollar is short-term bullish, and consider buying on dips; if it oscillates again, that is normal, after all, the dollar is generally weak, and the key is how long the momentum to defend the market can last. #XAU #黄金🔥