Insufficient kinetic energy. Maintain a short bias.GoldOANDA:XAUUSDThe_Golden_MasterInternational gold prices fell sharply on Thursday, with spot gold plunging as much as 3.4% during intraday trading. From a technical perspective, gold's short-term outlook has clearly weakened. Gold prices had previously failed to regain the $4,600 mark and subsequently fell below the $4,400 level, further reinforcing the overall downward trend. In terms of momentum indicators, the Relative Strength Index (RSI) continues its descent, edging closer to oversold territory; this suggests that bearish forces are still gathering strength and that selling momentum remains dominant. If gold effectively closes below $4,400 on the daily chart, the next support level to watch will be Tuesday's low of $4,306, followed by the vicinity of Monday's low at $4,098. Should these support zones be successively breached, market expectations that gold is entering a deeper corrective phase will be further solidified. For the immediate term, attention should first focus on the $4,450–$4,480 range as a critical pivot point; absent a decisive breakout above this level, traders should look to initiate short positions within this resistance zone. More Strategies ➤➤➤➤➤➤➤➤◍