Monday's gold market can be said to have broken the previous silence, with the bulls completely suppressing the bears and prices reaching new historical highs. This wave of行情看似突然，其实从技术面早就透露了端倪。

The key turning point is at the 4550 level. Once it can stabilize and break through here, following the trend to go long becomes a relatively certain direction. From the current trend, the 4600 and 4620 levels have become the main targets in the short term. Of course, where the market goes depends on the situation; the market is always dynamic, and rigid targets can easily lead to losses.

Many analyses point out that precious metals may even surge to the 5000-5500 range by 2026. This judgment is not unreasonable—the ongoing tension in global geopolitical situations and frequent uncertainties. Recent tough measures by the US in international affairs have already broken some previous balances. Such black swan events often enhance the appeal of safe-haven funds and support traditional safe-haven assets like gold.

From a trading perspective, the current bullish momentum for gold remains strong. Even though prices are already relatively high, buying enthusiasm has not diminished. The most important principle at this time is to respect the trend. Orders that follow the trend have vitality, while contrarian positions are essentially betting against the market, which retail traders simply cannot calculate.

Those who have long been calling for short positions and bearish views on gold basically haven't grasped the international situation. Once the fundamentals truly start moving, the market's upward or downward momentum cannot be stopped, and any contrarian operation will only be beaten to a pulp. The greatest wisdom in trading is to acknowledge the power of the trend and not to fight the行情硬刚.

Looking at the technical details, on the daily chart, gold has been relying on short-term moving averages to move upward after breaking through previous resistance. If a pullback occurs, it is likely to be preparation for the next acceleration. On the 4-hour chart, a wave of decline was seen at the end of the session, and now it is in a high-level oscillation and adjustment phase. The key observation point here is whether the 4570 support level can hold. If it can stabilize, it indicates that buying interest remains active; if it breaks below, it may signal a short-term need for adjustment.

Overall, the current environment for gold is very friendly to the bulls. But even the best trend requires patience to wait for confirmation signals. Do not be driven by impatience to chase highs. The market's gifts always go to those who respect it but do not overtrade.