王召金：12.28黄金火力全开，年末黄金新高冲刺布局！

Core Viewpoint - Gold has reached a historical high due to a combination of interest rate cut expectations and increased geopolitical risk, continuing its bull market trend while cautioning against potential short-term corrections [1] Group 1: Market Performance - In 2025, gold has outperformed global assets, with an overall increase of over 100% since breaking through a long-term bottom in 2024, and a year-to-date rise exceeding 65% [1] - On December 26, gold prices surged to a new historical high of 4540, closing at 4533.34, marking a daily increase of 1.19% and a weekly gain of 4.49% [1] Group 2: Technical Analysis - On the daily chart, gold prices are firmly positioned at the upper boundary of an upward channel, with the 5-day moving average providing strong support, indicating short-term upward momentum [3] - Key resistance is noted at 4550; failure to break this level may trigger a technical adjustment, while 4500 serves as a critical support level for bulls [3] - The 4-hour chart shows a bullish trend with strong support between 4495-4500, and a breakthrough above 4550 could initiate a new upward phase [3] - The 1-hour chart indicates a narrow range of price movement around 4520-4540, with a slight bullish signal from MACD, suggesting that short-term strategies should focus on buying on dips and selling on rebounds [3]