Gold analyst Huasengheng forecasts gold entering a sustained uptrend after breaking through key resistance at $4,500–4,515/oz, with 2026 targets of $4,900–5,000/oz (roughly 74,000–75,000 baht per baht in Thailand). The bull case is anchored in structural drivers: US public debt exceeding $40 trillion, Treasury buyback expansion to $4 billion/month, and cumulative central bank purchases (289 tonnes in Q2 alone, up 62% YoY) plus Gold ETF inflows. Near-term focus is on Fed Chair Kevin Warsch's Jackson Hole speech for clues on monetary policy easing. SME gold traders and institutional investors monitoring commodity exposure should note both the bullish medium-term case and near-term profit-taking risks, with support zones at $4,425–4,455/oz.