Just thinking about bottom-fishing for gold to catch a rebound, but it immediately broke below 4000 to hit a new low for the year, silver also broke through 60 in sync, contrarian bottom-fishing really hits a big trap!! Does this reflect the current situation of many people?

Core negative news: Federal Reserve Chair's hawkish comments boosted the dollar, combined with multiple countries selling gold reserves, causing the safe-haven logic to fail in the short term.
Technical aspect remains under pressure, with a key support at 3885. Tonight's operations should only focus on catching rebounds and shorting, strictly prohibiting left-side bottom-fishing bets on reversals.

Gold and silver breaking down together, a comprehensive review:
The previous round of geopolitical good news pushed gold and silver higher, but now the negative news is erupting in a cliff-like decline. Gold failed to hold the 4000 level, silver broke below $60, and the downtrend is officially confirmed. Any short-term rebound is now a long-term high-entry point for short positions. $XAU $BTC $ETH