The strong market structure has never wavered! The changing situation is driving positive factors, and the gold market's upward potential is fully unlocked.



On the technical side, the four-hour chart shows gold prices steadily moving along the upper and middle bands of the Bollinger Bands, with a complete medium-term upward trend. The middle band strongly supports the lower side, strictly limiting the scope for a pullback. The KDJ indicator is gradually gaining momentum, with sufficient short-term consolidation, and the bullish momentum is building up, paving the way for a subsequent rally.

Looking at the macro perspective, the global easing expectations are gradually heating up, combined with ongoing geopolitical risks acting as catalysts. Multiple positive factors resonate, supporting the bullish outlook for gold. The short-term slight fluctuations are just a transitional buildup; after the correction ends, the market is expected to resume its upward push, breaking through previous highs and resistance levels. Overall, the trend remains relatively strong and upward, with pullbacks presenting buying opportunities at lower levels. The outlook continues to favor gold prices extending their upward trajectory.

Suggestions:
Buy in batches around 4770-4790 on dips, aggressive traders can buy near 4800, with targets at 4850 and 4900.

Disclaimer: The above analysis is for reference only and does not constitute investment advice. Operate at your own risk.
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