#黄金
1. Latest Market Situation (after breaking 4500)
London gold has lost the 4500 USD mark, with a minimum touching around 4480
The higher point of 4990 USD has accumulated a drop of over 10%
The breakdown accompanied by increased volume triggers a new round of stop-loss orders, and the bearish momentum is not exhausted
2. Core Reasons for the Breakdown
1. Key support of 4500 has been breached, and the technical breakdown triggers a chain of stop-loss orders
2. The Federal Reserve's hawkish expectations are strengthening, and high interest rates continue to suppress for a longer time
3. The dollar and US Treasury yields remain high, with funds continuously flowing out of gold
4. Market sentiment is extremely pessimistic, and there is currently no large-scale bottom-fishing funds entering the market
3. Core Judgment of the Trend
Short term: Accelerating to find the bottom + weak fluctuation
Bearish dominance, with no reversal signals
Next week: Seeking the bottom at a low level + technical weak repair
It is difficult to change the bearish trend, and 4500 changes from support to strong pressure
Core focus: US PCE, durable goods orders data guidance
4. Key Levels (London Gold)
🔴 Resistance Levels: 4500, 4550 (original support becomes pressure)
🟢 Support Levels: 4450, 4400 (strong support range)
5. Operational Ideas (for review only)
✅ Strictly prohibited to bottom-fish, the current situation is clearly a bearish breakdown market
✅ Priority is to observe, waiting for stabilization signals (increased volume long lower shadow + bottom divergence)
✅ Short-term consideration only: short at 4500-4550 if met with resistance, strictly with stop-loss
✅ Position ≤5%, absolutely do not hold positions,
$XAU
