Buy gold: Upward breakout is possible!GoldOANDA:XAUUSDRay_ChartAlthough gold has shown weakness and has encountered resistance multiple times in the 4430-4450 range, the lows of its pullbacks have been gradually rising, indicating a potential bottoming signal. Gold is currently caught in a fierce tug-of-war between liquidity shocks and geopolitical risk aversion. The current weakness does not necessarily mean that the long-term logic has been broken. Moreover, as gold recovers during the fluctuations, market sentiment is gradually shifting from panic to caution, and some bullish traders may try to enter the market to buy gold. The current short-term trend leans towards a consolidation pattern: Short-term technical support: 4390-4370 / 4350-4330; Short-term major resistance: 4430-4450 / 4500-4520 Therefore, in the short term, buying gold in the 4390-4370 support zone is a good starting point. If gold breaks through the 4430-4450 resistance zone during a rebound, it is highly likely to continue its upward trend to the 4500-4520 area.