#美国消费者物价指数发布在即 Tuesday morning, gold prices continued to rise. The tightening situation in Iran combined with fluctuations in Federal Reserve policy expectations pushed spot gold to a new high of 4620. The intraday increase was nearly 2.4%, and market sentiment was clearly bullish.

Logically, as geopolitical risks in the Middle East intensify and oil prices come under pressure, safe-haven funds tend to flow into precious metals. Additionally, the turbulence in the transparency of the Federal Reserve's policies has put some pressure on the US dollar and US stocks, naturally directing funds toward traditional safe-haven assets like gold. From a medium- to long-term perspective, global central banks are still steadily increasing their gold reserves, and this trend provides solid support for the demand for precious metals.

From a technical standpoint, the situation is now quite clear. The 4550 level was previously a resistance, but it has now been completely broken through by the bulls and turned into support. Yesterday during the US trading session, gold prices broke through 4600 in one go, signaling a complete reversal of the pattern. On the 30-minute K-line chart, the moving averages have formed a standard bullish pattern, and after consolidating in an ascending triangle, the price broke out with increased volume. Such a breakout often indicates room for further upward movement. Now that 4600 has stabilized as a new support level, the short-term outlook remains bullish.

In terms of trading strategy, around 4580 is a good entry point for long positions; a break below this level could be an opportunity to add. The initial target range is 4650-4700. If momentum remains strong, long-term traders can even consider the 5000 level as a potential target.