Deep Tide TechFlow News, January 12th, Analyst Priyanka Sachdeva of Phillip Nova pointed out that the long-term outlook for gold remains positive, but short-term risks have increased due to the high price levels. Amid strong macroeconomic and geopolitical forces resonating, spot gold prices have broken through the $4,600 mark, reaching a new milestone. She stated that after softening U.S. labor market data, market expectations for more aggressive rate cuts by the Federal Reserve have intensified, becoming a key driving factor. The Federal Reserve's easing expectations, continuous inflows into ETFs, and robust physical demand together support the long-term bullish logic for gold. "However, given that gold prices are at historic highs, investors should remain optimistic but cautious and be prepared for increased volatility." (Jin10)