Gold bears are back: 4300 breakdown loading!GoldOANDA:XAUUSDRaymond_Alpha_TraderWhile gold continued its rebound today, the movement appeared more hesitant compared to the previous two days. Given yesterday's strong opening and upward momentum, gold should have broken through the 4360-4380 area today. However, it not only failed to break through this resistance zone but also failed to reach yesterday's high of around 4370, only touching around 4355 before falling back under pressure. This indicates that the bullish sentiment in the gold market is weak and needs time to recover. From a technical perspective, gold's retreat after only touching around 4355 forms a relatively clear double-top structure with yesterday's high of 4370, creating significant resistance in the short term and bolstering bearish sentiment. Under the pressure of this technical structure, coupled with already fragile market sentiment, gold may need to pull back and test lower support levels, potentially retesting the 4300 level, or even continuing its decline to fill the gap in the 4240-4220 area. Therefore, in the short term, I will continue to hold the short positions entered in the 4340-4360 range, and expect gold to fall further, effectively maximizing profits!