International gold prices showed a very aggressive trend this morning. The price started around 4309, broke through the key resistance at 4368 in one go, and finally closed near 4422 with high volatility, even touching 4426 at the highest. The entire morning's rhythm was a relentless upward push, with bullish sentiment clearly ignited.

Why is this happening? Let's look at the fundamentals first. The US manufacturing PMI data released today was not ideal, prompting the market to reassess the Federal Reserve's rate cut timetable, which put short-term pressure on the dollar. When the dollar is weak, commodities priced in USD like gold naturally tend to rebound. Plus, geopolitical tensions remain tense, with safe-haven funds continuously flowing into gold and government bonds—safe-haven assets. The combination of these factors has driven gold prices higher.

From a technical perspective, on the 1-hour chart, gold has almost no correction after breaking previous highs. The moving average system shows a bullish stance, and the MACD histogram is still enlarging, indicating that bullish momentum still has plenty of energy. The previous 4400 level has now become a strong support. If the price pulls back to this level in the afternoon and holds, then further upward exploration is possible.

From a practical trading standpoint, you can buy in batches within the 4400 to 4410 range, with a stop-loss set below 4390. If everything goes smoothly, target the 4435 level first, and then look at 4450 if broken. In this kind of market, dips to buy are the way to go—avoid chasing highs. Waiting for minor corrections provides better entry opportunities. If the price surges directly, wait for a strong pullback to a support level before entering, so you can participate in the upward trend without getting caught at a relatively high position.

Of course, things are not 100% optimistic. If the stop-loss level is broken, exit immediately—there's no need to fight the market. Gold market volatility can be significant, and risk management always comes first.