According to CoinMeta, the price of gold rose by $180 today to reach $4,257, setting a new high in six weeks. Analysis indicates that gold has formed a bottom over the past five weeks, with prices fluctuating around $4,000. Although there have been several brief dips below that level, they have not resulted in a sustained decline. Recently, there has been significant profit-taking in the market, and some investors have re-entered the market around $4,000. In addition, buying momentum from Asia may be one of the factors driving today's rise. The U.S. government is also actively devaluing the dollar, which further affects the sentiment in the gold market. Despite the large increase in the short term, market sentiment remains optimistic, and it is expected that gold prices may challenge the $4,590 target in the next two months.