Do you think gold prices will continue to rise?

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Do you think gold prices will continue to rise?GoldOANDA:XAUUSDActuaryJYes, I think so too! In Asian trading, spot gold prices surged, mainly due to concerns that a resolution to the Iranian conflict might have put downward pressure on oil prices, easing some inflation worries and causing US Treasury yields to retreat from recent highs. On the news front, Trump stated that US-Iran negotiations had entered the "final stage." Before global risk aversion subsides significantly, the support level for international gold is expected to remain relatively solid, but the high-interest-rate environment also means that a rapid, one-sided upward trend in gold prices is unlikely in the short term. The market will need to focus on changes in US economic data, the evolution of the Middle East situation, and subsequent statements from Federal Reserve officials. If the US economy begins to slow down while geopolitical risks remain high, gold could potentially retest historical highs; however, if the US economy continues to be resilient and the Federal Reserve maintains a hawkish stance, gold may enter a period of wide-range fluctuations at high levels. Looking at the 1-hour chart for gold, the Bollinger Bands are widening upwards, with the price moving along the upper band, indicating a clear bullish trend. The KDJ indicator is in the high zone, showing overbought signals but without a clear reversal, suggesting that short-term bullish momentum continues. Yesterday, gold prices rebounded quickly after testing the lower Bollinger Band, completing a bottoming-out recovery. The current price has broken through the previous consolidation range, opening up further upside potential. Structurally, moving averages are in a bullish alignment, with support levels gradually rising, indicating a short-term bullish trend. The core support range is 4500-4515, the starting point of this rebound and the lifeline of the bullish trend. Short-term support has moved up to 4530-4540, with upside targets at 4570, 4590, and 4620 respectively. Each breakthrough of a key level will open up further upside potential. The recommended strategy is to buy on dips near the 4500 starting point. Personal Plan: BUY: 4530~4540 BUY: 4500~4515