Current Price: Spot gold approximately $4,851 per ounce, has surpassed the $4,800 threshold, with the dollar's seven consecutive declines forming support.



Bull-Bear Divide: $4,820, above which the market leans bullish, below which caution for a pullback is advised.

Key Price Levels:

Support: $4,800 / $4,780
Resistance: $4,850 / $4,880

Key Variables:

U.S.-Iran Negotiation Developments (Resumption of talks vs. risk of breakdown)
U.S. PPI/CPI both below expectations → Reduced urgency for rate hikes → Positive for gold prices
Federal Reserve rate cut expectations nearly zero, high interest rate environment remains a medium-term pressure

Institutional Consensus: Bullish outlook in the medium to long term, with year-end targets generally in the $5,000–$6,300 range.

Operational Focus: Go long on gold (contracts and forex) within the $4,730–$4,780 range. Stop loss: $3,700, take profit: $4,833 (short-term), $4,961 (long-term)
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