Today is February 5th, 2026. Gold was around 4851 last night. Currently, the same view remains: as long as it does not break below the range I mentioned yesterday, gold is likely to fluctuate widely, building a bottom for the bulls. The overall bullish factors in the market are the global central banks' gold-buying frenzy and the current war risks. The bearish factors are that tonight's European and American central banks may signal a hawkish stance to strengthen the dollar, which could impact gold prices. Lastly, I want to remind everyone to pay close attention to tonight's European and Ameri
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