The geopolitical situation suddenly tightened at the beginning of the year, and global risk aversion sentiment has clearly increased. A large influx of funds into the precious metals sector, and the main reason for yesterday's one-sided rise in gold prices is here. In the short term, geopolitical issues will continue to create volatility in the market, which is a persistent variable.

Looking at the 4-hour K-line, gold has already broken through the previous resistance zone, with short-term moving averages steadily rising, and the bullish pattern remains quite stable. The key level to watch is 4550; if it breaks through, the significance will be different.

Looking at the hourly level, after the price consolidated sideways from a high position, it surged again, showing a clear bullish trend. However, indicators have already dulled, and a technical correction is very likely to follow, which is a normal rhythm.

Short-term trading suggestions: Focus on buying on dips, consider entering long positions in the 4470-4475 range, with targets around 4500-4520. Remember to control your position size and prioritize risk management.