Gold's recent performance is indeed worth paying attention to. How will the trend look next week? Several key factors are supporting behind the scenes:

**Safe-haven demand pushes up gold prices**
Geopolitical tensions continue to escalate, with frequent risk events. In this environment, investors naturally turn to safe-haven assets. As a traditional safe-haven asset, demand for gold continues to increase.

**Federal Reserve's easing policy confirmed**
Three rate cuts by 2025 have become consensus, with further adjustments possible in 2026. The transition of leadership is likely to maintain a dovish tone, which directly lowers the opportunity cost of holding gold and supports gold prices.

**Global central banks' gold purchases continue**
The People's Bank of China has increased its gold holdings for 14 consecutive months, and similar buying trends are spreading worldwide. Institutions generally favor gold allocation, with some even pointing to a target of 4800.

**Technical analysis and trading strategies**
Gold has stabilized above 4500 at the close, with an obvious bullish trend. This week, we precisely captured the bottom rebound opportunity, with multiple long strategies closely aligned with market movements, demonstrating highly accurate entry and target level control.

Next week, the key is to hold the 4500 level. Short-term support is around 4470-4475, with a critical line near 4440-4445. As long as the price retraces to these levels, it presents a good opportunity to go long, maintaining the same trading mindset.

**Recommended operational nodes**
You can go long in the 4460-4470 range, with initial targets at 4490-4510. If the breakout is smooth, the subsequent upward space can continue to be viewed at 4520-4550.