Recently, the precious metals market has been quite interesting. Since December, silver, platinum, and others have been soaring, coupled with the rebalancing of the commodity index, short-term market fluctuations are inevitable. However, from a long-term perspective, the intrinsic logic of gold's movement remains unchanged.

The key variable is coming—The U.S. Supreme Court is about to make a decision on tariff policies, which will deeply influence the direction of U.S. trade policy. How will gold be affected? To be honest, the situation is quite complex, but there should still be some potential support.

Additionally, don't forget the geopolitical factor. Recently, a series of actions by the U.S. in Venezuela are just the latest signs of ongoing conflict escalation. This kind of uncertainty naturally provides a floor for gold prices. For traders, these macro factors are definitely worth paying close attention to.