12.26 Gold Outlook Preview:

The current gold market shows a strong trending pattern, which can be summarized into three main driving forces: first, structural buying from central bank purchases of gold against the backdrop of global monetary system restructuring; second, the mainstream market's expectation of a Federal Reserve interest rate cut has lowered the opportunity cost of holding gold; third, ongoing geopolitical risks provide additional safe-haven premiums.

From a technical perspective, the price quickly stabilized after a slight decline before the holiday, indicating solid buying power.

In summary, the upward momentum remains, and it is recommended to consider 4400-4430 as a key support area, maintaining the main strategy of buying on dips, with a short-term upward target focusing on the 4550-4600 area.