Gold bulls are unstoppable, with the 4660 target exceeding expectations and hitting the mid- to long-term goal of 4800-5000.

The essence of trading is to follow the trend, and patience is the key to profitability. Every trade must be responsible for your account.

Last night, we clearly indicated the direction, with the core target directly at 4660. Today, during the Asian session, gold continued its strong upward move, with the latest quote at 4686.67, up 19.55 from yesterday’s close, a 0.42% increase. Not only did it perfectly hit the 4660 target, but it also exceeded expectations by surging to 4696.50. Mid- to long-term traders riding the trend continue to expand profits, confirming the bullish trend. Looking back at yesterday’s market, gold started a one-way rally after testing and confirming support. We precisely captured the low-buying rhythm, locking in the key 4660 target before the trend began, so that students could position themselves early before the market movement started and fully benefit from this bullish rally. Now, we have taken another solid step toward our medium- to long-term goals of 4800-5000.

From the 1-hour technical perspective, the Bollinger Bands (20,20,2) are expanding upward continuously. The upper band at 4706.70 is forming short-term resistance, the middle band at 4606.72 provides strong support, and the lower band at 4506.74 acts as a medium-term defense level. The price is running close to the upper Bollinger Band, indicating a clear bullish trend. Meanwhile, the MACD shows the DIFF and DEA lines diverging upward, with ample red momentum bars, further confirming the dominance of bullish strength. Short-term upward momentum shows no obvious signs of weakening.

Considering the current technical pattern, the medium-term bullish trend for gold is clear. Trading should focus on low-buy setups, with pullbacks to the middle Bollinger Band at 4600-4610 as the main buying opportunities. Targets are set at 4700-4720. If the price strongly breaks above the upper band at 4706.70, it can be followed up with staged targets of 4750-4800, steadily advancing toward the 5000 level. In the short term, if the price experiences a slight pullback, support at 4660-4665 can be used for light long positions, with strict stop-losses to avoid chasing high risks.