Gold breaks 5000 to hit a new all-time high! The midday bullish momentum remains strong, but short-term opportunities still exist.

Cheng Jingsheng's early morning strategy accurately captures market trends. The morning movement has perfectly aligned with the strategy, but market rises and falls are never accidental. Every breakthrough is a resonance of capital and trend. Spot gold has surpassed the $5000 mark, and controlling the rhythm of the bull market is key.

From the news perspective, Trump's tariffs on Europe, the US, and Canada have triggered increased risk aversion in trade, coupled with expectations of Fed rate cuts in the second half of the year, becoming the core driver for gold prices to surge. The global central bank gold-buying spree continues; the People's Bank of China has increased its gold holdings for 14 consecutive months, Poland has ramped up its gold purchase plans, and the US dollar remains weak. Multiple positive factors resonate, pushing gold to a historic high. Institutions are also raising target prices, with the highest forecast reaching $6600.

Technically, the bullish pattern is very strong. The daily MACD shows a golden cross with increasing volume, and the Bollinger Bands are opening upward, with prices running along the upper band, indicating an intact upward channel. The four-hour moving averages are arranged in a bullish order. Although the KDJ is high and flat, and RSI is overbought, suggesting a short-term pullback, support levels on smaller timeframes have moved up to $5025-$5030. After high-level oscillation, upward momentum remains, and the $5000 level has become a strong support.

For trading strategies, focus on buying on dips and avoid blindly chasing highs. Consider buying in batches around the $5025-$5030 pullback zone with stop-loss below $5000, targeting $5080-$5100.

If a short-term rally reaches around $5100 and encounters resistance, try short positions with a small position size, with a stop-loss at $5115, and targets at $5050-$5040. Strictly control position sizes and beware of shakeouts at high levels.

These are personal suggestions only and for reference purposes. They do not constitute investment advice. Please follow Cheng Jingsheng's layout for specific guidance!#黄金白银再创新高 #黄金：