On February 10, gold exhibited a pattern of fluctuating upward movement, aligning with earlier expectations. After hitting a low of 4964 in the early session, prices gradually climbed, reaching a peak of 5086. Overall, the market remained within a wide, back-and-forth consolidation range.

Following a rebound from the low of 4665 last Friday, a bullish outlook has been maintained, and market strength has persisted. On Monday, after another rebound from the 4964 level, an aggressive long position around 4985–5000 was suggested, targeting gains of 30–40 points. Given recent high volatility, entering long positions after the market stabilizes can yield steady gains of several dozen points.

After multiple rebounds from recent lows, gold is currently building momentum for an upward breakout above $5100. A successful breach could trigger a sustained rally toward 4300 or even the 5450 zone. As long as support at 4964 holds, the bias remains upward.

In early trading today, gold retreated to 4987 before stabilizing and rebounding. As long as this support level holds, long positions are favored for continued upward movement. Entries around 5000 are reasonable, and flexibility in positioning is advised given the potential for strong upward momentum once stability is confirmed. Long positions above 5000 can target gains of around 30–40 points, with profit-taking or partial position reduction recommended near 5100. A break above 5100 would signal further significant gains.