The geopolitical situation at the beginning of the year continues to exert pressure. Tensions between Iran and the US are escalating, and the Greenland sovereignty dispute is ongoing, all supporting the gold price. Additionally, the Chinese central bank has been increasing its gold holdings recently, and the global central banks' enthusiasm for gold remains strong. Although the Federal Reserve has temporarily paused interest rate cuts in the short term, expectations for easing in the long term still exist. The gold price can be said to benefit from multiple positive factors stacking up.



From a technical perspective, on the daily chart, the 4550-4600 range has formed a strong support base, and the weekly chart remains in a bullish arrangement without being broken. The recent decline is just short-term profit-taking and does not change the overall upward trend. Every pullback is met with buying interest, and the upward trend remains under control.

If you want to go long in the short term, you can consider entering around the 4560-4580 range, with a stop loss below 4550. The recent target is stuck at 4650, with a medium-term outlook toward 4700. The key is to seize the support levels to hold positions in line with the trend, while strictly managing risk—avoid greed and take profits when the time is right.
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FlashLoanPrincevip
· 1h ago
The central bank is buying, so there's no reason for gold prices to drop... 4560-4580, is that really the entry point? I'm a bit worried about getting caught off guard.
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CryptoCross-TalkClubvip
· 2h ago
Laughing out loud, he's starting to draw lines again. This time it's the "ironclad support" at 4550-4600. What if it breaks below next time? Will he draw another line? I only believe in the central bank's crazy gold buying. I really don't want to hear about the Fed's "long-term easing expectations" anymore. They say this every time, and in the end? Buy in at 4560, stop loss at 4550, target at 4650... Bro, are you trading or doing math problems? The real market doesn't follow your intervals. The geopolitical situation supporting gold prices—I'm tired of hearing that in the crypto circle too. In the end, it all depends on how market sentiment swings.
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FunGibleTomvip
· 2h ago
The US and Iran are causing another round of central bank gold accumulation. This bullish trend is really solid. --- Holding firmly at the 4550 support level, I won't make a move before 4600. --- It's a good saying: take profits when the market looks good. Greedy traders all got caught at the top. --- The central bank's enthusiasm for gold buying is so high, long-term gold prices won't be able to run away. --- Short-term pullbacks are opportunities to get in; the bottom-fishing moment has arrived. --- How to view 4700? Still stay cautious, first reach 4650 and then decide. --- The Greenland incident actually makes the central bank the biggest winner in gold prices. --- The bullish alignment hasn't been broken, and such weekly stability is really rare. --- Risk control is the most important; never go all-in at any time. --- A few days ago, I bought some near 4560 again. This rhythm is no problem.
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WalletInspectorvip
· 2h ago
The central bank is stockpiling gold, and the geopolitical situation is also cooperating. It's really hard to resist this wave of gold prices going up. The bullish arrangement hasn't broken, entering at 4560 is stable, keep the stop-loss tight and don't be greedy. The outlook is good, but I'm just worried that the Federal Reserve might suddenly change its stance again, and that's when it will get uncomfortable. The recent target of 4650 isn't too far-fetched; following the support level to eat up profits is the right move. This round, it's really the central banks stacking blocks behind the scenes, and retail investors are just following along to enjoy some soup.
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CoffeeNFTradervip
· 2h ago
The central bank is aggressively buying gold, this wave is indeed quite strong. --- Holding firmly at the 4550-4600 support level, it feels like we can push for another wave. --- Geopolitical situation + central bank gold purchases, is this the rhythm of gold prices taking off? --- Short-term buying points are good, but strict stop-loss is really necessary, don’t give back the profits. --- As long as the bullish arrangement remains, be assured; every dip has buyers, this trend feels stable. --- 4650 is not a dream, but greed must be kept in check; take profits when the market looks good, this is the key to making money. --- Although the Federal Reserve paused rate cuts, the long-term liquidity injection expectation remains, and there are indeed many positive factors.
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AirdropAutomatonvip
· 2h ago
The central bank is buying gold aggressively, so let's join in and enjoy some soup. The Greenland incident is really outrageous; gold prices are definitely going to rise. Enter at 4560, take profits at 4650 when it looks good—simple and straightforward. The bullish arrangement hasn't been broken, this signal is strong enough. Although the Federal Reserve has paused, the long-term remains loose, gold is stable. Every time there's a pullback, someone is buying the dip; this market is really active. Not being greedy is the most important point; many people end up falling because of greed. The technical analysis indeed looks very comfortable, support levels are very solid. 4700 is a good target, but first we need to hold above 4650. The Chinese central bank has been increasing its holdings, this is a major signal.
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