After a significant rebound on the previous trading day, international gold and silver prices continued to fluctuate on the 4th. The April gold futures price on the New York Mercantile Exchange fluctuated between $4800 and $5000 per ounce, while the March silver futures price fluctuated between $70 and $90 per ounce. After experiencing a significant sell-off from last week to early this week, precious metal prices have continued to fluctuate around key psychological levels. Despite the rebound in precious metal prices, market analyst Fawad Lazzada of Jiasheng Group warns that gold and silver still face selling pressure in the short term. In the short term, the trend of gold prices is far from bullish, "said Lazarzada. Given the volatility of the market, it is too early to believe that gold prices will bottom out. From a technical perspective, $5000 per ounce will be the key point. Rania Gurley, Senior Market Analyst at XS Group, a global financial broker, stated in a report released on the 3rd that despite stable long-term fundamentals, gold prices still face some headwinds in the short term. Dutch International Group's commodity strategist Ewa Mantai said in the group's monthly report that the recent sharp sell-off of gold and silver is more like a market correction rather than a trend reversal. Precious metal prices are more likely to rise at a stable and non-linear rate in the future, rather than the explosive rise of the past few months