Gold futures initially surged before starting a series of declines, once again experiencing a wave of sharp drops during the day, with the lowest intraday dip reaching 1754.30, currently quoted at 1759.84. All types of moving averages are still above the price, and the bearish dominance over the market remains unchanged.

The short-term slight rebounds are just brief pauses after the decline, with very few funds entering to buy the dip. The bulls lack the strength to quickly reverse the downward trend, and in the short term, it is highly likely to continue weak sideways consolidation at the bottom.

In terms of trading, wait for the price to fall back to around 1720 and stabilize before selectively entering long positions;
If the subsequent rebound reaches around 1800 but struggles to continue upward, you can lightly position for short trades. #分享美股交易赢英伟达股票 $ETH