The support and resistance for gold are pretty clear, and in the short term, it's obviously leaning weak. Mainly because rising oil prices → inflation concerns → more hawkish Fed → rising U.S. Treasury yields → stronger USD → pressure on gold. What's special right now is that the market has basically priced in a 25bp rate hike in September as a high-probability event. In the short term, I think it's bearish, and we need to keep an eye on the 4280 level. If it breaks below 4280, combined with a hawkish statement from the Fed at the September 17 meeting, gold could drop to at least 4100. However, in the short term, after last week's U.S. CPI release, gold didn't experience a sustained crash; instead, it even rebounded at one point. This shows there's still strong support below. Now it all depends on whether there will be a hawkish statement on September 17. If I don't understand, I choose not to play ethereum:0x68749665ff8d2d112fa859aa293f07a622782f38 anymore. Switching to Crypto instead.