$XAU four thousand three hundred and fifty-two—this dip is only the beginning. Whoever steps in here to take the deal is just fuel. On both the four-hour and daily charts, the direction is uniformly pointing down; momentum has been steadily fading. The just-now bounce didn’t even manage to reach the moving averages before getting slapped back to where it started. The rebound is only an exit door left for those trying to flee. Even the futures order book has lined up early: aggressive sell orders keep pressing down on the buy orders, and the buy side can’t even muster half of what’s needed. Unless it’s smashed down into a fresh low, that would be the real surprise.