Gold finally broke through! Holding steady at 4800, next stop 5000!



Brothers, the pressure zone of 4780-4800 that Brother Liang mentioned before was directly broken through today!

Although the US-Iran negotiations have started, the market clearly isn't convinced — gold not only didn't back down, but surged violently. Currently, the intraday high is touching 4871! The previous concern of "not being able to go higher" is no longer valid; the bulls are really strong.

Why are we bullish? Three clear reasons:

1. Technicals have completely broken out
The previously tangled 4740-4800 consolidation zone opened high today and moved higher, with the daily chart firmly above 4800. The BOLL upper band at 4858 has been tested; as long as the pullback doesn't break below 4800-4820, the next target is 4900, and further up, the psychological barriers are 4950-5000.

2. Geopolitical tensions haven't eased
The US-Iran talks are just the "second round," far from a handshake and peace agreement. Although crude oil initially fell, gold, as a safe-haven asset, took the opportunity to break out. As long as the negotiations don't produce substantial results, gold won't easily turn back.

3. Capital sentiment is shifting
As soon as the Asian session opened, it surged to 4871 — this isn't something retail traders can push. Major funds are clearly positioning in advance; once the European and American markets join in, 4900 could be hit tonight.

Today's trading strategy:

Buy on pullbacks: If gold pulls back to 4810-4820, it's an ideal entry point for long positions.

Target above 4900: After breaking the high of 4871, aim for 4900, then look towards 4950.

Set support below 4800: As long as the daily close stays above 4800, the bullish trend remains intact.

Brothers who previously bought high and sold low, it's time to switch strategies. The one-way trend has started; don't chase the top and short it. Follow the trend; pullbacks are opportunities to go long.

Real money matters, think carefully yourself. Stay close to Brother Liang, don't fall behind. #现货黄金 #
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