2.5 Thursday Evening XAUUSD Outlook

The four-hour chart shows the price stabilizing above 4820 again, with short-term lows gradually rising, indicating that buying interest below is strengthening. Although the overall trend remains in a medium-term correction phase, the downward momentum has significantly weakened. The market is beginning to enter a consolidation phase. In the MACD indicator, the fast and slow lines are gradually leveling below the zero line, the green bars are continuously shortening, and there are signs of the momentum histogram turning red. The bearish force is waning, and the bulls are gradually regaining control, suggesting further short-term rebound potential.

Fundamentally, global geopolitical uncertainties persist. While the Federal Reserve maintains a high interest rate stance, market expectations for rate cuts within the year have not fully dissipated. Coupled with continuous gold reserve increases by central banks worldwide, long-term capital demand for gold remains, providing medium- to long-term support for gold prices.

In the evening, consider buying in batches around 4790-4815 with targets at 4880 and 4930.