[Tang Seng’s Operator Notes] $XAU 4636! Citi calls for 4800, the tariff war reignites—gold pullbacks are the entry for latecomers!

Tariff escalation + Treasury repo + sovereign gold buying—three major positives converging. A pullback in gold is the last chance for those who missed the train.

XAU at 4636 right now. On the 1-hour chart, price is retracing toward the BOLL midline around 4627. RSI 35.26 has slipped from overbought back toward neutral-to-weak. MACD has formed a dead cross at high levels—short-term overbought correction is underway; this is not a trend reversal, it’s a healthy pullback.

The news is explosive: this morning’s breaking update— the U.S. will impose an additional 7.5% tariff on China. Trump announced that from 2027, tariffs on Canadian automobiles and steel will be raised to 50%, fully escalating the trade war. Citi has raised its near-term gold target to $4800 and maintained a $5000 target for 6–12 months. The U.S. Treasury’s nearly $1 trillion repo plan is bullish for gold and crypto.

Binance revealed it is currently assisting multiple countries in buying Bitcoin as a national reserve—sovereign-level buy orders are moving in.

Whale data: 172 long whales average 4501, up 57%; 74 short whales average 4547, down 385,000. The long-to-short ratio is 593%—the longs have full control.

Strategy: conservatively buy on pullbacks at 4610–4620; more aggressively, buy at the current price. If there’s a high-volume breakout above 4650, you can chase.

Tariff war + Treasury repo + Citi calling 4800—do you think gold can reach 5000 this time?

Want to keep up with macro developments the moment they move? Tap follow—Tang Seng will bring you to squat on the data together! #黄金触及4700美元结束六个月回调