Gold will rise again after the consolidation!GoldOANDA:XAUUSDlgklddt96043 Non-farm payroll week + geopolitical factors made this week's gold market a rollercoaster ride. The gold market has performed strongly recently, driven by sudden geopolitical events over the weekend, which triggered a rapid influx of safe-haven funds, pushing gold prices back above $5400 for the first time in a month. While such event-driven shocks are often time-sensitive—referencing the price action during the Iran-Israel conflict on June 13, 2025, where prices retreated after the initial surge—this does not signify the end of the upward trend. From a technical perspective, Friday's upward breakout laid the foundation for the rise, and the weekend news merely acted as an accelerator, propelling the market along the existing trend. As the impact of the news gradually dissipates, market logic is returning to technical patterns. Today's trading strategy remains bullish. In the short term, pay close attention to 5300—this is the previous starting point of the rise and a potential area for buying on dips. Also, watch for a breakout above 5380; if it successfully holds, consider following the trend during the European session. Referring to yesterday's strategy, either wait for a pullback to around 5321 to place a long order, or wait for a breakout above 5380 to enter the market. The 5290 level will serve as the intraday support/resistance level.