This week, gold has already achieved a critical breakthrough, with previous strong resistance thoroughly stabilized. The weekly chart closed with a powerful bullish candle, establishing a complete upward structure, laying the most solid foundation for a one-sided rally next week. The ongoing tension between Israel and Iran continues to escalate geopolitical risks, and safe-haven funds are flooding into gold. Today, the crypto market has already shown clear risk-averse sentiment, with funds fleeing high-risk assets and flowing into gold, the core safe-haven asset. This capital rotation has sent a clear signal: the pattern of a weakening crypto market and strengthening gold is already taking shape. From a technical perspective, this wave is a genuine effective breakout, not a false move. Prices are firmly above key moving averages, Bollinger Bands are expanding upward, bullish momentum is sufficient, and all previous resistance levels have turned into support. There are no obvious bearish reversal signals, and the trend shows a one-sided strong upward movement. Pullbacks are opportunities. Considering geopolitical tensions, capital rotation, and technical breakthroughs, there is no reason for gold to weaken next week. We remain firmly bullish. In the short term, focus on 5350-5400, the first target zone after the breakout; as the trend continues, the mid- to long-term target is directly at 5600, with the path ahead clear and space fully open. #深度创作营
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Next Monday's Gold Outlook: Geopolitical Tensions Ignite Bullish Momentum, Short-term Target 5350-5400, Mid-term Directly Toward 5600
This week, gold has already achieved a critical breakthrough, with previous strong resistance thoroughly stabilized. The weekly chart closed with a powerful bullish candle, establishing a complete upward structure, laying the most solid foundation for a one-sided rally next week.
The ongoing tension between Israel and Iran continues to escalate geopolitical risks, and safe-haven funds are flooding into gold. Today, the crypto market has already shown clear risk-averse sentiment, with funds fleeing high-risk assets and flowing into gold, the core safe-haven asset. This capital rotation has sent a clear signal: the pattern of a weakening crypto market and strengthening gold is already taking shape.
From a technical perspective, this wave is a genuine effective breakout, not a false move. Prices are firmly above key moving averages, Bollinger Bands are expanding upward, bullish momentum is sufficient, and all previous resistance levels have turned into support. There are no obvious bearish reversal signals, and the trend shows a one-sided strong upward movement. Pullbacks are opportunities.
Considering geopolitical tensions, capital rotation, and technical breakthroughs, there is no reason for gold to weaken next week. We remain firmly bullish. In the short term, focus on 5350-5400, the first target zone after the breakout; as the trend continues, the mid- to long-term target is directly at 5600, with the path ahead clear and space fully open.
#深度创作营