Gold

Key insight

$4,300 round-number support holds intraday — pullback from all-time highs is shallow at 0.81%, keeping the bull structure intact. Break below $4,200 would signal a deeper correction toward the 50-day MA at $4,120.

Pulls back 0.81% to $4,343 after a multi-month advance; structural uptrend intact above the 200-day MA near $3,980. BTC's 7% surge flags risk-on, but gold's dip is orderly — dip-buyers active near $4,300 round support.

Main risk

USD strength + real yield spike

USD/JPY up 0.4% to 157.4 signals broad dollar bid; a sustained DXY rally above 104 compresses XAU toward $4,200 support.