1.7 Early Morning Gold View: Geopolitical Risks Heating Up, Risk-Averse Premium Dominates Short-Term Market.

As global geopolitical tensions suddenly intensified at the start of 2026, risk-averse sentiment rapidly escalated, driving capital inflows into precious metals markets, becoming the core catalyst for yesterday's one-way gold price rally. Short-term geopolitical disruptions will remain a key variable in gold price fluctuations.

Returning to the market action, from the 4-hour timeframe perspective, gold has broken through previous resistance bands, consolidating gains along short-cycle moving averages with oscillating upside movement. The bullish trend shows strong sustainability, with 4550 being a key short-term resistance level requiring attention for breakout confirmation.

On the hourly timeframe, after horizontal consolidation and gaming at higher levels, the price has achieved a second rally, solidifying a biased-strong trend. However, technical indicators have become blunted, suggesting a high probability of technical correction in the near term.

Intraday Trading Strategy: Focus on buying on dips as the main approach. Entry points can be positioned in the 4470-4475 zone for long positions, targeting 4500-4520, while paying close attention to position risk management.