Gold Hits New High: A "Golden Storm" Amid Safe-Haven Frenzy TheGold / U.S. DollarFOREXCOM:XAUUSDgold-PeterGold Hits New High: A "Golden Storm" Amid Safe-Haven Frenzy The market witnessed history once again, with gold prices breaking through the $4,600 mark. This may only be the prelude to a new "golden age." 🔥 Market Focus: A "Duet" of Geopolitical and Policy Game As the Trump team hinted at "military intervention," casualties rose due to the Iranian unrest, and the US Department of Justice and Powell engaged in a rare "public confrontation," market risk aversion reached its peak. Gold, this ancient and loyal "safe haven," once again became the object of global capital's embrace. Central banks continued to buy gold, and ETF holdings climbed. Fundamentals and technicals are resonating in an unusual way. At this moment, gold's brilliance is almost unstoppable. 📈 Technical Analysis: One-Sided Rally, Pullbacks are Opportunities On Monday, gold rose to $4,600 before pulling back. This was not a sign of the rally waning, but rather a "brief breath" for the bulls. Key support levels have clearly moved upwards: First line of defense: $4560-$4550 (previous high/lower reversal zone) Lifeline area: $4470-$4440 (medium-term bullish/bearish dividing line) The daily chart shows consecutive large bullish candles, breaking through the upper Bollinger Band, indicating the market has entered an "extremely strong one-sided trend." Remember: in a trend, it's better to follow the trend than to try to predict the top. As long as the support below holds, every pullback is an opportunity to buy. Short-term target: $4680 → $4800. However, if the daily chart closes bearish after the surge, it may enter a period of high-level consolidation, requiring flexible adjustments. 🛡️ Fundamentals: Why can't gold "fall"? Geopolitical powder kegs continue to ignite: The situation in the Middle East and policy uncertainty before the US election have fueled safe-haven demand. Central bank gold buying spree continues: Global central banks' "faith" in gold continues to strengthen. Rising Interest Rate Cut Expectations: The market is betting on a 25 basis point rate cut by the Federal Reserve in June and September this year, with expectations of lower real interest rates supporting gold prices. Dollar Confidence Anxiety: Behind the controversy surrounding Powell's "the Fed is not following orders" lies a deep concern about the independence of monetary policy. These factors intertwine to form a "buffer" for gold. A significant short-term pullback? Probably not so easy. 💡 Trading Strategy: Buy on dips, avoid chasing highs, and use small positions for initial testing. Current Main Theme: Buy on dips, trend is king. Core Logic: In an upward channel, it's better to miss out on highs than to short against the trend. Specific Suggestions: Aggressive Strategy: Buy with a small position around 4525, stop loss at 4515, target 4555-4600, break above to 4640. Conservative Strategy: If the price pulls back to the 4470-4440 area and stabilizes, it can be considered a second opportunity to add to long positions. Risk Control Reminder: High-level volatility is extreme; please use light positions, trade in batches, and strictly adhere to stop-loss orders! 🎯 🌊 Sentiment and Rhythm: Beware of the "Cooling-Off Period" Amidst Frenzy The market has entered a "main upward trend phase," but sharp market corrections are often accompanied by volatility near historical highs. While optimism is acceptable, your positions must be managed rationally. Remember: Patiently holding trend-following positions is more important than frequent trading. Follow the trend, but don't blindly follow; embrace volatility, but maintain a bottom line. ✨ Final Words This round of gold price increases is a "quartet" of geopolitics, policy, capital, and sentiment. We may be standing at the starting point of a new medium-term upward trend—perhaps pointing towards the end of the third quarter, or even further. But no matter how bright the prospects, please remember: the market always respects risk. The trend is your friend, but light positions and stop-loss orders are your true "protective shield." In the gold wave, you need both the courage to ride the crest and the wisdom to avoid the undercurrents. 🛡️📈