XAU 黄金 4,105.5 now https://www.binance.com/en/futures/SOXLUSDT?_from=markets&ref=GMGNX dyor - Gold briefly pushed up to 4140.81 today, but got pushed back down to 4102. The 4140 to 4152 zone has rejected price twice now, with long upper wicks both times. Today's bounce came with lower volume, so it doesn't look very strong. The main driver right now is macro news, not the chart. Strong October NFP data and unemployment falling to 4.1% have pushed the odds of a December rate hike up to 80%. Higher rate hike expectations mean higher real yield expectations, which puts direct pressure on gold, a non-yielding asset. Today's move was more of a short-term bounce. Trump's softer tone on Iran sent oil prices lower, easing inflation worries, while the dollar also weakened. Gold jumped as much as 1.5%, but was sold off after reaching 4134. Even with these tailwinds, gold couldn't hold its gains. That tells us selling pressure above is real. Short setup: Entry: 4135 to 4150 Stop Loss: 4168 Take Profit: 4045