Midnight Gold: Near 4800! Bullish continuation, primarily low buying

On the trading journey, patience is always more valuable than impulsiveness. Maintaining the rhythm is the key to catching your market opportunities.

Tonight, we clearly set the direction, confidently targeting the 4800 level. As of midnight, spot gold has steadily touched above 4790, perfectly fulfilling expectations. This bullish rally has been clean and decisive, surging over 100 points from around 4680. The hourly chart shows prices steadily climbing along the moving averages, Bollinger Bands continuously opening upward, and MACD indicating strong bullish momentum. Coupled with ongoing geopolitical tensions and rising market risk aversion, these factors further boost gold prices. Every pullback is an opportunity to enter; friends who follow the rhythm have already gained plenty.

In terms of strategy, continue to adhere to the low-buying approach. Buy on dips around the core support zone of 4760-4744, aiming for targets of 4800-4820. If 4820 is broken smoothly, look for a dip to re-enter at lower points, aiming higher toward the 4850 level. Avoid any counter-trend short positions; following the trend remains the best approach in the current market.

Investing involves risks. Trade cautiously. The above ideas are for reference only and do not constitute investment advice.