Gold

Key insight

$4,300 round-number support lost intraday — next firm floor is the 50-day MA near $4,200. Silver's 3.9% drop and BTC's 2.2% slide confirm risk-off dollar rotation, not isolated gold weakness.

Drops 1.64% to $4,286 as USD strengthens sharply (EUR/USD -0.6%, USD/JPY +0.6%) and silver crashes 3.9%, signalling broad precious-metals liquidation — structure below $4,300 is now broken.

Main risk

USD Snapback / Real-Yield Surge

USD/JPY +0.6% and EUR/USD -0.6% on the same session flags broad dollar strength; sustained move lifts real yields and pressures gold toward $4,150 Fib support.