A few updates from gold. Four days ago, according to information provided by some of you.

-China has temporarily stopped purchasing or has restrictions on buying gold because it believes gold prices are at a high level.

-Purchase pressure has decreased alongside the European Central Bank's recent interest rate cuts.

-There may also be a sale of U.S. government bonds to obtain USD for balancing and maintaining the stability of the local currency if the trade war situation escalates between the U.S. and China.

Gold prices immediately plummeted due to short-term profit-taking pressure.

The situation is that short-term bond yields are rising sharply, supporting the USD increase.

In terms of gold, it remains stable in the long term. The short term is quite unstable. It may test 3180 again if selling pressure arises from market sentiment. Sw(3180-3269-3347)

If it stays above 3340 for three days during candle closing, it will rise back to the profit-taking target around 3600-3700 in May.