Group 1 - The short-term risk of a pullback exists, with potential support levels identified at $4,381 and the 10-day average at $4,360, indicating a significant support zone if a bullish reversal occurs above $4,381 [1] - The current advance in gold prices may still be in the early stages of a larger upward movement, with historical trends suggesting potential for continued gains over the next several weeks [2] - Strong bullish momentum is confirmed by a successful breakout through a rising trend channel, with the next upside target for gold projected at $4,664 to $4,713 [3]