Yichen: The 5000 level has been broken! Gold bulls in retreat, can geopolitical tensions save the downtrend?

On the four-hour timeframe, price has broken below the lower Bollinger Band support, MACD green histogram continues to expand, DIF and DEA form a death cross, technical bearish signals are clear, and the short-term weakness pattern is difficult to reverse.

From a geopolitical perspective, although conflicts still carry uncertainty, market concerns about escalation have temporarily eased. Combined with the dollar index showing staged strength, this has suppressed gold's safe-haven buying interest. Capital flow monitoring shows bearish forces dominating, with profit-taking selling from bulls surging.

Recommendations:
Sell in batches on rebounds near 5035-5055 levels, targets 4950, 4900

Disclaimer: The above analysis is for reference only and does not constitute investment advice. Trade at your own risk. $XAU