Good morning on January 26

From the perspective of core driving factors, global risk aversion continues to provide strong upward momentum for gold. Ongoing geopolitical disturbances have led to a continuous influx of risk-averse funds into the gold market, becoming a significant driver of rising prices. Meanwhile, market expectations for a Federal Reserve rate cut are still fermenting, and the weak performance of the dollar further enhances the allocation value of gold. Coupled with the structural support from global central banks continuously increasing their gold holdings, the foundation of the bullish trend for gold is solid, and buying power remains active.

From a technical perspective, the daily MACD golden cross pattern is intact, with red bars continuing to expand, and bullish momentum remains strong. The Bollinger Bands are widening upwards, with prices steadily rising along the upper band, establishing a typical strong one-sided trend. On the 4-hour short-term chart, gold prices are oscillating at high levels, consolidating, and the Bollinger Bands continue to expand, with an upward channel remaining intact.

In terms of operations

Buy gold directly near 4960, with a stop loss at 4950; if it stabilizes strongly in the 4970-4980 range, one can also enter long directly, targeting 5080$XAU #美股七巨头财报 .