Analyst: Gold is expected to maintain its upward trend, and any decline will attract new buyers

(1) XS analyst Rania Gule pointed out that a gold price breakthrough above $5,300 may signal a new phase in global risk pricing. If geopolitical tensions ease rapidly, a decline in risk premium could trigger profit-taking, causing gold prices to fall below $5,200. However, she expects that any significant drop will attract new buyers, especially given the uncertain outlook for inflation and interest rates. (2) Gule believes that as long as US-Iran tensions persist, the resulting rise in oil prices will further intensify inflation concerns, thereby continuously supporting gold's safe-haven demand. She also reminded that the market may experience sharp fluctuations around the Federal Reserve's interest rate decision, but overall, gold will maintain its upward trend and is expected to challenge recent highs. She concluded: "In this uncertain environment, gold remains the clearest indicator of global market anxiety."