According to CoinMeta, as reported by Zhitong Finance, Saudi Arabia's largest Red Sea oil port has suspended loading operations, and it has been reported that some shipments to Europe have been cancelled. US oil prices rose by more than 5% during trading. The strong upward trend in oil prices has had a significant impact on inflation expectations, leading to an increase in US Treasury yields. Coupled with the rebound in the US dollar index due to expectations of interest rate hikes, gold continues to face pressure. It is advisable to wait patiently for these restraining factors to weaken before taking any action in the short term.