PANews reported on April 6th that, according to Jinshi, Daniel Takieddine, CEO of Sky Links Capital, stated that gold's upside potential may be limited as market expectations for a Federal Reserve rate cut weaken. Strong US labor market data supported US Treasury yields, putting pressure on gold. Continued diplomatic efforts supported market expectations of a potential resolution to the Middle East conflict, further increasing uncertainty about the gold outlook. However, geopolitical risks outside the Middle East and continued gold purchases by central banks are still providing support for gold prices. He pointed out that gold's short-term movement will depend on upcoming US economic data, Federal Reserve policy signals, and developments in the geopolitical situation.