Gold hourly chart: Overnight, gold bottomed out and rebounded, trending higher. Today, supported by 5120, it continued its upward momentum in the Asian session, reaching a high of around 5190. Subsequently, it traded sideways between 5150 and 5190 during the European session. With the escalating tensions between the US and Iran, gold successfully broke through the key resistance level of 5200 during the US session and is currently trading around 5224. It is expected to test 5250 next. Short-term trading should continue to focus on buy orders. #XAUUSD #GOLD