According to Jinshi Data, Huatai Securities Research Report pointed out that gold may experience a small correction in the short term due to the large increase in the previous period and the fact that the market has fully priced in the Fed's September rate cut. However, the recent deterioration of the situation in the Middle East and the rise in risk aversion in the market are still favorable for gold. Overall, gold may still have relative returns at present. If subsequent economic data weakens significantly, triggering an unexpected rate cut by the Fed or intensified geopolitical conflicts, it may re-push gold prices up.