#美联储降息 Asian market gold trend as expected—after consolidation, it has entered a downward mode. Traders who shorted around 4320 have already seized the opportunity, with two key target levels at 4300 and 4280 being successively reached. The lowest retracement was to 4271, precisely hitting the line. What does this operation indicate? The technical analysis is clear, and market logic can be traced. The Federal Reserve's policy expectations continue to dominate gold prices, and future focus should also be on data and central bank movements.