Just as I thought, gold has already fallen below 4200, and it even dipped to around 4180.



Overall, it’s still bearish. In the short term, it’s just one line: if it rebounds, sell—don’t hesitate.

Watch the support zone at 4150-4160. If it directly breaks below 4150, the next level to watch is 4100-4110.

On the other hand, if it can hold 4150-4160, you can try to buy a bit, but don’t hold for too long—it's not recommended to hold long-term.

If gold bounces back to the 4220-4230 area, and when it hits resistance it can’t move up, then keep selling there.

Gold is still being influenced by the Middle East right now—just keep watching.
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