The newly appointed Federal Reserve Chairman Kevin Warsh's biggest competitor is Hassett, who is a Trump loyalist. Logically, Trump, who values power, should have chosen the latter, but ultimately Trump chose Warsh. This was to demonstrate the independence of the Federal Reserve, which is also a way to maintain global confidence in the US dollar. Therefore, gold must not perform too strongly. Coupled with geopolitical uncertainties in Iran and other regions, gold previously surged sharply. When news of Warsh's appointment broke, it was inevitably followed by a sharp decline. At the same time, the US accumulated a lot of gold, and as the dollar and gold fluctuate inversely, it created a pattern of repeated gains and losses. Everyone is just a leek.