Next week gold may迎来 a wave of interesting行情. The weekly chart shows strong bullish candles, geopolitical factors provide support, and the core logic of breaking above the 4500 level to open up upward space is reinforced by three factors working together. If there are no unexpected news over the weekend, there is a high probability of an initial inertia-driven rally in the early session, followed by a validation in the afternoon.

Focus should be on the 4550 double top resistance level—near the historical high. This is usually a place where profit-taking sells off, and a pullback after a surge may occur. But don’t panic; the bullish pattern remains unchanged, and pullbacks are opportunities to buy.

In the long term, we continue the upward trend since 2022. According to previous judgments, the bull dominance is expected in the first half of 2026, targeting the 4800-5000 range. Currently, we are in the critical upward phase of wave 5.

The focus in the first half of the week is on the critical support/resistance zone of 4550-4570. If broken, gold prices will accelerate toward 4600-4700. In the latter half of the week, with the release of Federal Reserve data, technical adjustments may occur, and the overall rhythm will be a cycle of surging, consolidating, and rising again.

Special reminder: If over the weekend gold can hold above 4530 and break through 4550, a push toward 4800 before the Spring Festival is expected. Otherwise, a consolidation phase of 1-2 weeks may occur.

Key support level: The first support is at 4480-4477, which is the dividing line between bulls and bears. If it is not broken on Friday, it indicates strong bullish resilience.