Gold prices surged in the latest week's trading, driven by a weakening US dollar index and declining US bond yields. Analyzing the 4-hour timeframe reveals a flag pattern formation, reminiscent of one identified in Bitcoin on March 3rd prior to its all-time highs. Currently, gold is consolidating between 2174 and 2153, presenting an opportunity for a breakout in either direction. However, there's a long-term bullish outlook on gold, with a personal inclination towards buying around 2152, targeting the flag trendline and underlying support. The initial take profit (TP) is set at 2174, with the necessity for a sustained break and stability above this level to indicate further upward momentum. Given the flag pattern's characteristics, it's speculated that gold's peak has yet to be reached.