$XAU Yichen: Gold reaches epic levels of surge! Breaks 4660, a new rally cycle begins!

From a technical perspective, the four-hour gold chart continues to rise along the middle band of the Bollinger Bands, directly breaking above the upper band today. Although the KDJ indicator has entered the overbought zone, the medium-term bullish trend is clear, with sustained capital inflows pushing prices higher.

From a fundamental perspective, global geopolitical risks continue to escalate, with tensions in the Middle East intensifying market risk aversion. Coupled with market speculation over Federal Reserve rate cuts, gold's safe-haven and inflation-hedging properties are fully activated. Meanwhile, high oil prices impact market expectations for rate cuts, further strengthening gold's allocation value. International gold CFDs and Gold T+D are rising in tandem, with global funds resonating to buy gold.

Recommendations:
Buy in batches on dips around 4570-4600, aggressive traders can buy near 4630, with targets of 4700 and 4750.

Disclaimer: The above analysis is for reference only and does not constitute investment advice. Operate at your own risk.