Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
XAU, #Gold, in the 4-hour chart, the first Fibonacci support is at 4586. Since there was a close below this level, the decline may continue after a rebound as a reaction to the drop.
Looking at the small bottom formed now, as long as it stays above the 4512 bottom, the 4556 level can act as support and the upward movement can continue. It may test the 4700-4800 range. This area is also where sellers are strong.
If it cannot stay above 4870, a decline is expected.
If the decline continues, we will follow the Fibonacci 0.618 support at 4399. If support cannot hold, lower supports are at 4266 and 4094 levels. These are the bottom levels where buyers entered during the last wave of decline. This area is an important support. A rebound may occur again.
Looking at the main structure, it is moving in a resting zone after a long upward trend. There is still a possibility of testing the high.