Good evening, everyone!

During the day, gold prices surged then pulled back, touching 4544 in the early session before facing downward pressure. In the afternoon, it dipped to a low of 4413, then stabilized and closed around 4419. The 10-minute K-line found support at the lower band, signaling a potential stabilization after overselling, and the short-term weakness has eased somewhat.

News: Ongoing Middle East geopolitical conflicts continue to support safe-haven gold prices; robust US economic data has cooled expectations of rate cuts, but the dollar and US bond yields are struggling to rise, limiting downside space for gold. The market is a mix of bulls and bears, with prices showing some recovery from lows.

Technical analysis: The lower Bollinger Band is flattening, gold prices found support around 4410. The MACD histogram is shrinking, with the fast and slow lines approaching a bullish crossover. RSI has rebounded from oversold territory, indicating short-term upward momentum is building. Support levels are effective, and there are opportunities for short-term longs.

Trading suggestions:
Buy on dips around 4330-4335; in case of a significant pullback, buy at 4365-4380. If prices rise directly, buy near 4415 with targets at 4450, 4470, and 4520.