🚨 GOLD DID EXACTLY WHAT I WARNED ABOUT. $4,650 rejected. Three rallies. Three lower highs. $5,400 → $4,850 → $4,650. Every recovery has failed below the previous one. The rate outlook is why I'm still watching lower. Markets entered 2026 expecting three cuts. The Fed has already hiked, and more increases are still in play. The question now is how far this tightening goes. My roadmap: - Two hikes in total: $4,000 is my first bottoming zone - Three or more: the downside extends to $3,350 That is a $650 gap between the two setups. Goldman's target is $4,900. HSBC says gold may be nearing a bottom. Neither tells me where buyers will actually hold the line. I'm watching for rate expectations to stabilize. My entry will be posted here first. Follow and turn notifications on.