2025-12-26 02:21:54

Gold has performed strongly recently, showing an interesting trend during the week. From a technical perspective, it opened Wednesday at $4,484, surged to $4,525 in the early session but faced resistance and pulled back. Throughout the Asian and European trading hours, it maintained a weak oscillation until the US session, when it fell near $4,484, which became a key support level.

The rebound then began, and during the US session, a strong rally was initiated, ultimately closing at $4,487. Due to the holiday closure on Thursday, trading continued today, carrying over the momentum from yesterday. Gold surged with increased volume, breaking through $4,531, demonstrating strong bullish momentum.

From a technical pattern perspective, the daily chart shows a long-legged doji with equal upper and lower shadows, which in traditional technical analysis often indicates a potential decision point. Currently, the bulls appear to have the advantage. The key support level below is set at $4,480; holding this level will continue to support upward movement.

In terms of short-term trading strategy, buying on dips at the support level is worth considering. The initial target is around the $4,540 zone. Breaking through this level could open further upside potential.

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SchroedingerGas

· 6h ago

Oh my god, 4531 broke through, and I was still waiting for a low buy at 4480. --- The long-legged doji at this position really needs to hold, or else we'll have to look back again. --- The recent rally in the US market is good; the bulls still have some strength. --- Breaking through 4540 and then continuing upward? It doesn't seem that simple. --- The low buy opportunity is indeed tempting, but I'm worried about getting caught in the middle of the move. --- This wave of market rhythm is pretty good; it's much steadier than the previous one. --- The key is whether we can hold steady at 4531; if not, everything else is meaningless. --- Is the upward space worth looking forward to? Let's first secure the support before talking about that. --- I've seen many long-legged doji patterns; it doesn't necessarily mean the bulls are in the lead.

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MetadataExplorer

· 12-27 07:19

$4,480 needs to be maintained, or else it will return to the starting point. This wave of gold is really quite fierce.

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RetailTherapist

· 12-26 02:52

If 4480 can't hold, this bullish wave will be a waste of effort --- Another doji star, another critical level, same old套路 --- Is this a low-buying opportunity? I feel like it's just a way to say "sucker" for those who buy in --- Whenever the US market surges, it immediately turns bullish. I know this rhythm too well --- If 4540 can truly break through, I’ll pretend I never read this article --- Every time they say "momentum is sufficient," but when momentum is sufficient, it still has to fall --- Support level is at 4480, if broken then support at 4470, never fall, please --- This wave of gold's rise feels like the scriptwriters already planned it out --- It’s either retesting or looking bullish, just say it’s going up --- Are the bulls in the lead? Until when will they be in the lead?

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StakoorNeverSleeps