Continue buying gold between $4070 and $4080.GoldOANDA:XAUUSDEleni_GoldenContinue buying gold between $4070 and $4080. Yesterday, we precisely established a long position at $4125, and the gold price rose as expected. We closed the position perfectly at $4160, netting $3500 per lot! This wasn't luck, but rather our accurate grasp of technical breakout signals and geopolitical risk aversion! Today's Gold Price Situation Analysis: (1): Shipping is disrupted in the Strait of Hormuz and the Bab el-Mandeb Strait, and US-Iran negotiations are deadlocked—a comprehensive agreement is a long way off, and escalation of conflict is imminent! As long as the situation in the Middle East remains volatile, gold's status as a hard currency will be maintained! Savvy global investors are flocking to the gold market, viewing it as a safe-haven asset. (2): The US dollar has plummeted! Given the disappointing US employment data for June and a slight decline in inflation, is the Federal Reserve still confident in raising interest rates? The US dollar index has weakened recently. Gold is priced in US dollars, so a weaker dollar means higher gold prices! This basic logic is beyond doubt. Key Price Levels: 4120: This is the dividing line between bullish and bearish sentiment today! A break above this level will trigger a significant rise in gold prices! First Support Level: 4085-4070 Current Strategy: Buy Point 1: 4080 Buy Point 2: 4070 Stop Loss: 4060 Take Profit: 4120-4150-4180-4200 4060 is the last line of defense. If this price is reached, it means our judgment was wrong, and we should decisively exit the market without hesitation to prepare for the next battle! Yesterday, we accurately bought at the low of 4125 and perfectly sold at the high of 4160, making a profit of $3500 per lot! Today, we are targeting 4090 again, with subsequent targets at 4120, 4150, 4180, and 4200! The market always rewards those who are prepared, and we are one of them. Maintain a steady pace, control your position size, and strictly adhere to your trading rules—let's take stock of our profits before the end of today's trading!