Last Friday, gold reached 4353 during US trading before dropping nearly a hundred points within an hour, hitting a low of 4257 by midnight before bouncing back to 4300. This slow rise coupled with a sharp decline is quite intriguing—clearly, the bulls are not that strong.
Currently, gold is repeatedly hovering in the 4340-4350 range, struggling to break through. From the chart perspective, a classic descending flag pattern has formed, which is a common signal after a consolidation at high levels. The problem is, if the upper boundary of the flag cannot be effectively broken, historical experience suggests a deeper correction usually follows.
Trading suggestions for reference: Consider short positions in the 4355-4363 range; stop-loss at 4370; if heading down, watch the support levels at 4300, 4280, 4260, and 4240, layer by layer.
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LiquidatorFlash
· 2025-12-18 05:19
4353 seconds to reach 4257, this wave of decline in collateralization ratio triggers risk warning... If the falling flag pattern breaks, the liquidation risk will directly increase.
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ForeverBuyingDips
· 2025-12-18 05:18
Rising slowly and falling sharply, I’m familiar with this rhythm... The bulls are really lacking strength this time, 4340-4350 is just a trap.
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LuckyBearDrawer
· 2025-12-16 04:16
As soon as this descending flag pattern appears, the bears should be happy. I bet we'll see 4280 again; the bulls really haven't shown much strength in this wave.
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CryptoSurvivor
· 2025-12-15 09:30
It's the same old story... rises slowly to kill, drops faster than lightning, clearly the bears are sharpening their knives.
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SocialAnxietyStaker
· 2025-12-15 09:22
It's the same pattern of slow rise and sharp fall again; the bulls really lack fighting spirit.
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0xSunnyDay
· 2025-12-15 09:21
That moment when 4353 dropped was truly incredible. Are the bulls so weak... If the flag pattern can't break, then get ready to take a hit.
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OffchainWinner
· 2025-12-15 09:17
This wave of gold's momentum is indeed bizarre, rising slowly and falling quickly... It feels like the main players are gradually offloading. Once the descending flag pattern breaks, it might be hard to hold above 4300.
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faded_wojak.eth
· 2025-12-15 09:15
Hmm... it's the same pattern of slow rise followed by sharp decline. The bulls are really getting stronger and stronger.
#美联储降息 12.15 Evening Notes | Gold Technical Analysis
Last Friday, gold reached 4353 during US trading before dropping nearly a hundred points within an hour, hitting a low of 4257 by midnight before bouncing back to 4300. This slow rise coupled with a sharp decline is quite intriguing—clearly, the bulls are not that strong.
Currently, gold is repeatedly hovering in the 4340-4350 range, struggling to break through. From the chart perspective, a classic descending flag pattern has formed, which is a common signal after a consolidation at high levels. The problem is, if the upper boundary of the flag cannot be effectively broken, historical experience suggests a deeper correction usually follows.
Trading suggestions for reference:
Consider short positions in the 4355-4363 range; stop-loss at 4370; if heading down, watch the support levels at 4300, 4280, 4260, and 4240, layer by layer.