Gold spot today shows a clear downward trend. From a technical perspective, 4375 is the current key turning point.

If the gold price falls below 4375, the probability of further bearish movement increases, with the first target around 4300. If it continues to decline, attention should be paid to the support level at 4270. Conversely, if the price stabilizes above 4375, the outlook shifts to a bullish pattern, with the first upward target set at 4405, and a further breakthrough could lead to 4428.

It is worth noting that the RSI technical indicator has already fallen below the critical level of 30, which usually indicates that the market may face short-term oversold conditions. Combining price relationships and momentum indicator performance, traders can choose appropriate strategies based on their risk tolerance.