Gold surged to 4540 in the morning but faced pressure and pulled back. The price plunged sharply to 4327, stabilized, and rebounded slightly to touch 4458 before encountering resistance and falling again. The price action formed a shock-decline structure of drop—rebound—drop, with clear bearish momentum!

On the 4-hour chart, the Bollinger Bands open downward, with price breaking below the lower band and continuing lower; green bars continue to expand volume, with strong bearish momentum; KDJ enters oversold territory, indicating short-term technical recovery potential, but this does not change the overall bearish bias.

Sell on rebounds near 4335-4295 in batches, targeting: 4250-4200, with potential for further downside on breakdown $BTC ‌$XAU