5.27 Morning Gold Market Strategy Analysis

Spot gold opened sharply lower overnight, falling for three consecutive days, with the 4500 level as the critical support and resistance line, the market dominated by bears, with weak rebounds.
Federal Reserve officials collectively hawkish, the expectation of rate cuts this year has basically disappeared, and the expectation of rate hikes by the end of the year has increased. U.S. Treasury yields and the dollar have strengthened simultaneously, directly suppressing gold prices.
Geopolitical safe-haven sentiment has cooled, gold safe-haven buying has exited, gold ETFs continue to reduce positions, institutional longs are exiting, and selling pressure persists.
Sell in batches around 4530-4550 with a stop loss at 4565, target 4500→4480, if broken, hold for 4450.
Follow the trend within the day, strictly prohibit blindly bottom-fishing at low levels, operate with small positions, strictly set stop losses, the 4500 level is repeatedly contested, wait and see for a break to act more steadily. $XAUUSD