The highs are gradually rising. Buy at 4170-4150.GOLD (US$/OZ)TVC:GOLDTop-tier_traderFrom a technical perspective, although the weekly chart snapped an eight-week losing streak to close higher, the price remains within a medium-term downward channel, facing resistance from multiple moving averages overhead. On the daily chart, consecutive bullish closes have seen the gold price stabilize above short-term moving averages, which have turned upward to provide support. Bullish momentum is robust, and lows are gradually rising; the price has moved above the middle band of the Bollinger Bands, opening up the path for further gains. The 4-hour chart indicates a strong upward trend, with the price climbing steadily along the moving averages—which now offer strong support—and the Bollinger Bands widening upwards. The MACD golden cross continues to expand with increasing volume, indicating strong bullish momentum and continuous new highs, forming a complete upward structure. As short-term resistance levels are breached and the upside potential expands, trading strategies should focus on buying at support levels; watch for resistance in the 4220–4260 range, while looking for entry points in the 4170–4150 zone.