Gold has been oscillating within the 4600-4575 range since the Asian session, with a lack of continuity. Currently, 4575 is holding, and the 4600 level forms a midline resistance on the hourly chart. Looking downward, 4556 is a key level, serving as the 50% retracement point and also corresponding to historical highs and lows, making its importance self-evident.

The logic is clear: as long as support holds steady, the price should continue upward. Alternatively, if 4600 can be effectively broken and stabilized, a pullback for confirmation followed by an upward move is expected, with short-term target levels at 4630 and 4670.

Silver is performing somewhat better than gold. It has already broken through the midline and found support and stabilized around the 85-84 range. Below, the key support line at 83-82 is still in place. If the price continues upward, resistance levels are at 86-87, 89, and 92.5.