Gold still maintains a strong upward trend structure, with prices continuously reaching higher highs and lows, and firmly holding the key support zone between 4670-4680.

On the news front, aside from the ongoing escalation of geopolitical tensions, the overall market trading sentiment is bullish; even though market expectations are for strong U.S. economic data, the dollar remains weak, further supporting gold's upward movement.

From a technical perspective, gold is currently consolidating above the upward trend line, with no clear breakout signals yet.

As long as the 4670 support level holds effectively, there is potential for a rebound toward the 4750 resistance target, with further upward exploration possibly reaching around 4810.

In the short-term market, as long as gold stays above the 4670-4680 range, this upward trend will not be broken. The current slight correction is most likely just a consolidation phase before the market pushes higher to new highs. #外汇黄金 #Gate广场五月交易分享