Today is February 5th, 2026. Gold was around 4851 last night. Currently, the same view remains: as long as it does not break below the range I mentioned yesterday, gold is likely to fluctuate widely, building a bottom for the bulls. The overall bullish factors in the market are the global central banks' gold-buying frenzy and the current war risks. The bearish factors are that tonight's European and American central banks may signal a hawkish stance to strengthen the dollar, which could impact gold prices. Lastly, I want to remind everyone to pay close attention to tonight's European and American central bank decisions and unemployment data. If there is a significant deviation from expectations, large fluctuations may occur, and various strategies could become ineffective. Please be cautious in your operations.

Market Analysis for Today:
Last night, gold directly hit the breakout point of the previous US session D-shaped bottom and then rebounded. I don't know if everyone caught this move. Today, the US session closed with a small B-shaped volume distribution, and the price also touched the POC of the B-shape, causing a rebound. Since this position cannot be quickly updated, it’s likely that this opportunity was missed. Please pay attention to the breakout point at the low-volume area, 5034, to see if there is a shorting opportunity. If the price breaks below the POC, you can wait for the price to return to the POC to short again. Currently, the market is highly volatile, and I believe both bulls and bears have opportunities. The above is just my personal opinion and for reference only. Trading requires caution; please adjust your strategies flexibly based on real-time market conditions and implement proper risk management. Thank you for watching. If you like it, please follow. Updates will be posted daily. #黄金白银反弹