Daily Hot TopicsIn its latest report, international ratings agency Fitch downgraded the outlook for approximately a quarter of US industries to "deteriorate" for the year, predicting a slowdown in US GDP growth this year. Meanwhile, the market is optimistic about a quick agreement between the US and the EU, with the VIX index hitting a new five-month low. Gold prices have fallen for two consecutive days, despite Alphabet's strong earnings report. However, with the Federal Reserve's interest rate decision, the August 1 tariff deadline, and a series of important data releases coming next week, investors should be wary of the possibility of a "buy the anticipation, sell the facts" market.Gold: Forming a Triple Top, Beware of an Imminent DeclineOn Thursday (July 24), gold fell 0.59%, hitting a low of $3,351 and breaking through $3,360 again. It's worth noting that since late April, gold has failed to reach the $3,450-3,500 resistance level three times, forming a potential triple top pattern. If gold successfully breaks through $3,360, be wary of the start of a new downturn.If gold fails to reclaim $3,400 and breaks through $3,360 in the short term, it could see further downside, with $3,300 or even $3,250 in focus. However, if the closing price breaks through the recent high of $3,440, there's still a chance that the price could rebound and challenge the all-time high of $3,500.