Gold overall remains in a bullish structure. Recent trends indicate that the correction phase may be nearing its end, with trend and momentum still leaning bullish.

On the macro level, recent US employment and real estate data have been weak, reinforcing market expectations of easing policies, which is positive for precious metals.

From a technical perspective, 5450 is a key level. If the daily chart stabilizes above this level, gold prices are likely to challenge recent all-time highs again, potentially breaking through directly if momentum is sufficient.

For trading strategies, a bullish approach is recommended. Consider buying in batches around 5110-5130, with a target near 5200!