Gold is strong. There is no way to guess the high point.

Gold's strong upward trend continues. As prices climb, fluctuations are increasing, but the overall trend is very clear. Upside potential has opened up, and the magnitude is even greater than expected, with a very sharp upward trend.

On Wednesday, gold prices held steady at the 4,000 mark. Previous predictions suggested that a break above 4,000 would open up further upside potential. The current trend is in line with expectations, and the peak is nowhere in sight. There will most likely be a small adjustment after the rise, but you just need to follow the market trend and continue to adhere to the principle of following the trend.

On the 4-hour chart, the price is currently range-bound and correcting at a high level, but the K-line remains relatively strong above the short-term moving average. This kind of trend has appeared many times recently, and the strength of the sideways fluctuation and pullback after the rise is not strong. It is highly likely that gold will continue to rise in the 4-hour trend. The only caveat is that the Federal Reserve meeting minutes may bring some uncertainty to the market.

Trading strategy:

Buy near 4035, stop loss at 4025, profit range: 4060-4080.