$XAU $PAXG

The future trend of the gold market depends on the evolution of multiple factors. If CPI and PCE data confirm a cooling of inflation, expectations for interest rate cuts will further intensify; if the situation in Venezuela escalates into conflict, safe-haven demand will explode. However, downside risks from a rebounding dollar and internal divisions within the Federal Reserve should be noted. In the short term, gold is expected to test resistance levels at $4350 and $4380 respectively. In the medium to long term, economic uncertainty in 2026 may drive gold prices to higher levels.

In short, this round of gold price increases is not only a short-term reaction to economic data and geopolitics, but also a reflection of escalating global uncertainty. Investors should closely monitor upcoming data releases and Trump's national address, and rationally seize opportunities. In the precious metals market, the strength of silver may indicate more rotational price movements, while gold, as a core safe-haven asset, will continue to shine.