Looking at gold from the daily chart perspective, the candlestick shows a multiple bottom trend, with a short-term 2-day rally successfully breaking through MA60. However, if the rebound continues, it will hit MA120 above, facing resistance from the long-term moving average. If it fails to break and stabilize above the 4400 resistance level, it’s likely to see a pullback after a surge. Therefore, approaching 4400 is not recommended for chasing the rise. If it can pull back to around 4000 or below later, you can consider buying the dip in batches. #Gold