U.S. stocks movement: Gold stocks continue to decline pre-market as institutions sharply lower gold price expectations, triggering sell-offs

```htmlGolden Finance June 23｜On the news side, concerns about further interest rate hikes by the Federal Reserve within the year are intensifying. Institutions have lowered their expectations for gold, undermining market confidence: Deutsche Bank has significantly reduced its gold price forecast, cutting its third-quarter target from the previous level by 22% to $4,300 per ounce. The fourth-quarter target was also lowered by 17%. Bank of America also acknowledged that its previous target price of $6,000 per ounce now appears unlikely to be reached. This collective weakening by institutions has further affected market confidence in holding positions.```