1. Morning Gold Outlook on January 7: Geopolitical risks heating up, risk-off premium dominates short-term movements.

As 2026 begins, global geopolitical tensions have suddenly intensified, with risk-aversion sentiment rapidly escalating, driving capital inflows into precious metals markets, which became the core catalyst for yesterday's unilateral gold price rally. In the short term, geopolitical disruptions will remain the key variable in gold price fluctuations.

Looking at the chart, from the 4-hour timeframe, gold has broken through the previous layered resistance zone, is oscillating upward along short-cycle moving averages, with strong continuity in the bullish trend. 4550 is a key short-term resistance level, requiring close attention to breakthrough scenarios.

On the hourly timeframe, after the price consolidated at higher levels, a second leg up has solidified a biased strong trend. However, technical indicators are showing signs of blunting, with short-term likely experiencing technical retracement.

Intraday trading strategy: Focus on pullback-driven long positions. You can place long orders in the 4470-4475 zone, targeting 4500-4520 levels. Pay attention to managing position risk.