Core Insights - The global precious metals market experienced a historic surge in 2025, with gold rising approximately 64% for the year, marking the strongest performance in recent years and the largest annual increase since 1979, setting a 46-year record [1][3] - Silver outperformed gold with an annual increase exceeding 147%, making it the strongest annual performer in history [1][3] - The precious metals rally in 2025, despite ending with a pullback, has established a broader upward potential for 2026, with predictions of gold reaching $5,000 no longer seen as a dream [1][3] Market Analysis - Current market conditions show that after multiple tests of the 4300 level, gold has rebounded, with a brief drop to around 4270 forming a pin bar pattern, indicating a potential bottom at 4300 [1][3] - As long as gold remains below 4400, it is in a bullish trend consolidation phase, with a focus on the 4300/4400 range [1][3] - A breakout above 4400 could lead to a strong upward trend, with potential targets at 4550 [1][3] - For January trading, the strategy is to look for long positions below 4400, with support at 4300 and aggressive buying possible at 4315, while resistance levels to watch are 4385 and 4400 [1][3]
杨呈发:黄金空头之路还能走多远今日操作建议行情走势分析
Xin Lang Cai Jing·2026-01-02 13:19