International spot gold continues its strong rebound trend intraday, with buying momentum steadily increasing on the trading floor, and prices rising steadily to break through resistance levels, successfully surging upward, reaching the 4720 USD/ounce mark.

Currently, gold prices have gained 0.63% intraday, with short-term buying momentum continuously releasing, ample buying support at lower levels, and the market's oscillating upward pace is very smooth. Benefiting from a weakening dollar, renewed market expectations of rate cuts, and the combined effects of geopolitical sentiment fluctuations, multiple positive factors resonate, driving gold's strong counterattack. The short-term market focus keeps shifting upward, and the rebound momentum remains steady and powerful.

The short-term buying pattern on the trading floor remains intact and complete, with continued strength in the upward push. After stabilizing above the 4720 level, further upward space opens up, and the subsequent trend still maintains a relatively strong oscillating upward rhythm, with the buying momentum trend continuing strongly.