$XAU Jin Chen Yu Jin | 5.26 Today, gold overall shows a "initial suppression followed by rally, oscillating with a slight upward trend." After the opening, due to the brief easing of the US-Iran situation, prices slightly surged to around 4579, then profit-taking led to a decline, causing the price to oscillate and consolidate in the 4530-4550 range. The Asia and European sessions are expected to maintain range-bound oscillation to digest profit-taking, with strong buying support expected to emerge on a pullback to the 4530-4540 range. If the US session can effectively break through the 4580 resistance level, there is potential for further upward movement toward the 4600 integer mark; if it unexpectedly falls below the 4525 support, it may retest the 4500 level for support. Overall, the bullish rebound trend remains intact, and intraday trading should focus on buying on dips.

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