2.10 Tuesday Night XAUUSD Outlook



In the four-hour timeframe, the price remains above the middle band, which has become a strong support level. The upper band at 5126 has been tested multiple times, and a breakout is only a matter of time. The MACD indicator shows a bullish crossover with both lines above zero, and the red histogram indicates strong momentum, confirming an obvious bullish trend.

Recent international developments have provided excellent fundamental support for gold bulls: ongoing escalation of Middle East geopolitical conflicts, the expiration of the US-Russia New Strategic Arms Reduction Treaty increasing global nuclear risks, and a surge in safe-haven capital flowing into the gold market. Meanwhile, India's gold investment demand has surged by 17% year-on-year, with funds rapidly embracing gold, further strengthening market confidence. Regarding the Federal Reserve, despite personnel changes attracting attention, recent statements clearly indicate that balance sheet reduction will not accelerate, maintaining a loose liquidity environment. The dollar's strength expectation has been significantly weakened.

Although there are some differences in market liquidity, the 9% bullish force has already taken dominance. Market sentiment is shifting from cautious to optimistic. The 5000 level has become a bullish fortress. Once the upper band pressure is broken, it will quickly challenge previous highs and even open up larger upside potential.

In the evening, consider accumulating longs in the 5000-5018 range in batches, with targets at 5080 and 5130.
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