1.7 Early Morning Gold View: Geopolitical Risks Heat Up, Risk-Off Premium Dominates Short-Term Price Action.

As the global geopolitical situation has suddenly tightened at the start of 2026, risk-off sentiment is rapidly escalating, driving capital inflows into precious metals markets, which became the core catalyst for yesterday's one-sided gold price surge. Short-term geopolitical disruptions will remain the key variable in gold price fluctuations.

Returning to the price action, from the 4-hour timeframe perspective, gold has broken through previous resistance bands, relying on short-cycle moving averages to consolidate higher. Bull trend continuation is relatively strong, with 4550 as a key short-term resistance level that requires attention for breakthrough prospects.

On the hourly timeframe, after consolidating at higher levels, prices have launched a second rally, reinforcing the bullish momentum. However, technical indicators are showing signs of saturation, with a high probability of technical correction in the near term.

Intraday Trading Strategy: Focus on buying on dips as the main approach. You can set up long positions in the 4470-4475 range, with targets at 4500-4520. Pay attention to position sizing and risk management.