Group 1 - The core viewpoint indicates that gold is currently in a bullish trend, but there is a potential for a significant downward adjustment, with a recent high of 4890 and a low of 4755, reflecting a drop of nearly 135 USD [2][4] - The recent upward movement in gold prices was driven by market stimuli, but as these stimuli fade, there is a risk of a sharp decline, which has already begun with a drop of nearly 150 USD [4] - Technical analysis suggests that a major decline in gold prices is imminent, with the daily chart indicating a peak formation that requires breaking below the 5 and 10-day moving averages to confirm a significant drop [4][5] Group 2 - The support levels for gold are identified at 4730 and 4650, with 4650 being a critical point for the current bullish trend [5] - Domestic gold prices have seen a decline from a high of 1095 to around 1070, emphasizing the need for caution as the market remains unstable [5] - International silver prices have fallen more than expected, with a recent low of 90, and further adjustments are anticipated, with support levels at 90 and 86 [5][6] Group 3 - Domestic silver has also experienced a downward adjustment, with the Shanghai silver contract falling to around 22500, aligning with previous expectations [6] - The technical outlook for silver suggests a continued decline, with key support levels at 22500 and 21500, indicating a cautious approach to buying [6]