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Gold opened high and moved lower today. After the early session's high push that lured longs, short positions released concentrated selling pressure, fully maximizing the day's volatility!
Currently around 4068, with short-term resistance above in the 4079-4097 range, and key support below near 4050. If support is broken, downside room will open up again.
In the evening, if US bond yields and the US dollar continue to strengthen in the US session, the main bearish thinking remains unchanged! The medium-term target is around below the 4000 mark!
$XAU #Saylor暗示增持BTC