$XAU ‌Yichen: The risk aversion frenzy is at its peak! Gold bulls are gathering strength, with the next target set on a new all-time high!

The current international situation provides strong support for gold: ongoing geopolitical conflicts in the Middle East, increased shipping risks in the Strait of Hormuz, rising global risk aversion sentiment, and continuous capital inflows into gold as a safe haven asset; meanwhile, under the de-dollarization wave, many central banks are steadily increasing their gold reserves, ensuring solid long-term demand. Although market expectations for a Fed rate cut have fluctuated, the resilience of the US economy and persistent inflation mean that real interest rates are still trending downward. The high interest rate environment is gradually easing its pressure on gold, and once a rate cut cycle begins, it will further open up space for gold prices to rise.
From a technical perspective, after the gold price retraced to the 5120-5100 range, buying interest clearly emerged, with solid support below. The four-hour MACD green bars narrowed, indicating weakening bearish momentum, and a rebound signal is gradually appearing. After short-term consolidation, gold is expected to break through the 5180-5200 resistance zone and challenge the previous high of $5419.
Suggestions:
Buy in batches around 5115-5135 on pullbacks, with targets of 5200 and 5250.
Disclaimer: The above analysis is for reference only and does not constitute investment advice. Operate at your own risk.#伊朗总统之子称新任最高领袖平安