Analysis of gold price trends over the next 15 days!GoldOANDA:XAUUSDFlyingTowardsWealthMarket Analysis: On the first trading day of 2026 (Friday), the precious metals market initially rebounded strongly, but subsequently retreated from its highs. While London gold prices turned lower, silver, platinum, and palladium maintained their upward trend. Market preference for precious metals has clearly intensified at the start of 2026, driven by both macroeconomic interest rate logic and geopolitical risk pricing. Investors currently widely expect the Federal Reserve to cut interest rates at least twice this year (25 basis points each time). Under this expectation, lower real interest rates will improve the relative attractiveness of non-interest-bearing assets such as gold. Looking ahead to the next 15 days, from a medium- to long-term perspective, spot gold remains in a strong cycle. The main driving factors include: the Federal Reserve's interest rate cutting cycle, global geopolitical tensions, continued central bank gold purchases, and rising gold ETF holdings. The US military action against Venezuela has triggered geopolitical uncertainty, strengthening global risk sentiment and providing significant support for international gold prices, with potential for further short-term gains. Technical Analysis: This week saw two tests of 4300 and two rebounds to 4400, representing a structural adjustment after the sharp decline. Gold has formed a head and shoulders bottom pattern; a firm hold above 4400 would likely trigger another surge, targeting 4500 and 4550. Given the overall trend, it's unwise to predict the top. However, failing to hold 4400 indicates a low-level consolidation after the sharp drop. Will next week's opening price move in the opposite direction to this week's? Coupled with the weekend's safe-haven news from Venezuela, a direct upward move is highly probable. The weekly chart shows selling pressure above, suggesting the adjustment may continue, but gold is generally in a bull market, and the potential for a deep correction is limited. On the daily chart, after Monday's sharp drop, the market entered a period of consolidation. The 4400 area has now become a key resistance level; a break above this level could lead to renewed strength and a challenge for new highs. Gold Trading Strategy: Buy gold at 4280-4290 (short-term), stop loss at 4270, target 4350-4380; Sell gold at 4380-4390 (short-term), stop loss at 4400, target 4320-4300; Key Levels: First Support: 4310, Second Support: 4292, Third Support: 4275 First Resistance: 4350, Second Resistance: 4378, Third Resistance: 4400