The gold trend is expected to continue deteriorating.GOLD (US$/OZ)TVC:GOLDVili_Wealth_PlanConsidering current macroeconomic fundamentals, market sentiment, and institutional forecasts, the short-term weakness in the gold market is unlikely to reverse. Multiple negative factors, including a strong US dollar, high US Treasury yields, expectations of a Fed rate hike, US stock market corrections, and cooling inflation expectations, are converging, fully opening a downward channel for gold prices. The market is currently focused on the key level of $4,000/ounce. Considering the current downward momentum and the lowered target prices by institutions, gold prices are highly likely to continue their downward trend, testing the $4,000 support level. If this key support level is breached, gold may begin a new round of deep correction.