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Enze: Don't panic! As long as we hold here, a new round of gold rally is imminent!
The current market remains in an overall upward trend. As long as the gold price stays above the 5130 support zone and follows the upward trend line, the bullish pattern will not change.
This support level has previously been a key area for bullish stabilization and rebound multiple times. If the price stabilizes and rises again here, a new upward movement could begin, with resistance levels at 5250-5280.
Note:
The above analysis is Enze's personal opinion. The market is ever-changing, so please rely on Enze's actual data!