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The intraday trend of international spot gold is weak, and the price has fallen further. It is currently probing the $4,500 per ounce level. Overall, there is clear downside pressure in the near term. Gold is slightly weaker today, with an intraday decline of 0.16%.
At this stage, the “dōutóu” upward momentum of gold has somewhat faded. The market’s overall trading sentiment is cautious. In the short term, gold prices remain in a sideways pattern of mild pullbacks; the “dōkōng” game pace has slowed down, and the market has temporarily entered a period of weak adjustment.