Gold 5500 is not the end point; it is the market's psychological watershed.

If you're only now asking, "Can gold still go up?" it indicates one thing:
5500 is not the top; it's where the market begins to seriously discuss gold.
The main theme of this round of gold is not complicated:
Continued escalation of geopolitical tensions, repeated depreciation of global currency credit, and long-term suppression of real interest rates. Funds have finally realized one thing—
👉 Safe haven is not an emotion; it's an asset allocation.
Structurally, 5500 USD is not a technical resistance level but a psychological integer and a concentrated breakout point for FOMO. The real critical zone is between 5380–5420, where institutional accumulation was dense earlier. As long as it doesn't effectively break below this, the trend logic remains intact.
What’s the next step?
* First target zone: 5650–5720 (trend extension level)
* Second target zone: 5980–6100 (macro sentiment extremity zone)
Strategically, I don't recommend "blind chasing," but I also advise against easily shorting. #金价突破5500美元
The correct approach is: buy on dips that do not break below 5400; add lightly; if volume increases and it stabilizes above 5580, follow the trend.
Currently, the only logic for shorting gold is:
"I think it has risen too much."
And the market loves to teach this reason.