Gold futures prices surged above $4,550 per ounce, briefly touching $4,600, with a market value increase of nearly $900 billion. The easing of US-Iran tensions led to a weaker dollar, boosting market expectations for rate cuts. Analysts point out that key resistance levels are at $4,600-$4,620; if this resistance is broken, target prices could reach $4,700-$4,800; if not broken, prices may test the support level at $4,450. Some analysts warn that this 4% strong rally may be a liquidity trap, with weak market structure suggesting a potential price reversal.