Good morning, friends! The gold bulls are strongly rallying, aiming for the 5000 mark. Today's operational strategy is clear, with a core strategy of going long in line with the trend!

From the news perspective

Four major core advantages support the rise, and the gold rally simply cannot be stopped:

✅ Safe-haven demand is high: The escalation of trade friction between the US and Europe, along with ongoing tensions in the Middle East, has led global funds to flood into gold for safety, resulting in overwhelming buying power;

✅ Rate cuts assistance: The Fed's rate cut cycle is on the verge, and the dollar has weakened in response, giving gold a dual advantage of anti-inflation and safety;

✅ Central banks' support: Global central banks have started a gold buying spree, with the People's Bank of China increasing its holdings for 14 consecutive months, and official buying continues to support gold prices;

✅ Supply-demand imbalance: Gold production cannot keep up with demand, with both ETFs and retail buying surging; the supply-demand gap is set to widen again by 2026, leading to a continuous rise in gold prices!

From a technical perspective

A one-sided upward trend has begun from a low position, with gold prices breaking through key resistance levels, reaching a historical high of 4963. The bullish momentum is clearly strong. However, after the new high, the K-line has formed a small downward candlestick, signaling short-term profit-taking by bulls; but the overall upward trend remains intact, with moving averages still in bullish arrangement, and the overall direction is still upward. The current price is approaching historical extremes, and the RSI indicator is likely entering the overbought range, so caution is needed for short-term sharp drop and adjustment risks.

Operational advice

Today's operations should still focus on buying on corrections, paying close attention to the stabilization of the 4900—4890 area, with secondary support at 4865—4850, and strong support located in the 4820—4800 range; upward short-term pressure focuses on 4950—4960, with further targets directly pointing to the 4980—5000 mark. Overall, maintain a trend-following mindset, patiently waiting for entry points, and firmly adhere to the long position as long as the bullish structure remains intact, without easily adjusting direction. $XAU $BTC $ETH #黄金白银价格创新高 #加密市场观察