Currently, the gold price is around 4800.

From a short-term perspective, I expect there may be a pullback first, with the first support focusing on the 4300 area.

If the pullback trend continues further, the second key support area is around 3800. The above judgment is based on short-term trend expectations.

However, from a medium to long-term perspective, my bullish view on gold remains unchanged, with the year-end target still looking at 6200.

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