Continue shorting goldGold / U.S. DollarFOREXCOM:XAUUSDGolden_Goals Gold Market Technical & Fundamental Comprehensive Analysis Core View: Gold's short-term bearish momentum is strong, with downside space already opened, and the medium-to-long-term trend is bearish. I. Technical Analysis: Bearish Signals Fully Evident Daily Chart: Trend: The moving average system is in a bearish arrangement, indicating a weakening long-term trend. Indicators: The MACD bearish momentum bar continues to expand, and the RSI is below 50, showing that bears are in control. Key Levels: Has broken below the key psychological level of $5000 and the important support level of $4900. 4-Hour Chart: Pattern: Prices are declining in a stepwise fashion, with lower highs in each rebound, forming a typical bearish continuation pattern. Momentum: Bearish momentum is strong, and the short-term downside space has fully opened. II. Market Sentiment & Fundamentals: Multiple Pressures Converging Fund Flows: Excessive prior cumulative gains have led to concentrated profit-taking. Large sell orders have entered, triggering technical stops, which further amplifies the downward move. Relative Value Dynamics: Safe-haven demand from geopolitical risks is being offset by interest rate factors (e.g., Fed policy). Comparatively, the US dollar's safe-haven status is temporarily dominant, diverting some safe-haven capital away from gold and weakening support for the metal. III. Comprehensive Judgment & Strategy Core Logic: A hawkish Fed policy, technical breakdown, and capital outflows are forming a resonance, jointly pressuring gold prices. Short-Term Outlook: Prices are expected to continue weakening, moving towards the 4800-4780 support zone. Medium-to-Long-Term Outlook: The downtrend is clear, with an overall bearish view. IV. Trading Strategy Reference Operation Suggestion: Sell on rallies Entry Range: Rely on the 4890-4910 area, Stop Loss 4930 First Target: 4850 Second Target: If 4850 breaks, can look further down to 4780 Thanks to the TradingView community. As a senior investment analyst, this allows more traders and investors to see my trading strategy analysis.Currently focusing on gold trading. If you like my analysis, please give me a thumbs up and share it with more traders who might need it. We strive for precise trading, deeply researching charts, macroeconomic drivers, and market sentiment to build high-probability trading strategies. Here, you will find structured trading plans, risk management frameworks, and real-time analysis.