XAU, recent gold bullish and bearish shifts are also very quick. Yesterday's temporary ceasefire caused gold to surge to around 4855, but the bullish momentum was short-lived and did not continue.

The market then quickly reversed, with four-hour candles closing lower consecutively, forming a clear pattern of rising and falling. The short-term upward trend has clearly stalled, so caution is advised when chasing highs.

Sell in batches at 4785, first target 4695, with a pattern around 4585.