#数字资产市场动态 Gold continued its strong momentum on Friday, with a vigorous rebound and closing firmly around 4532. During the day, the price surged to a high of 4550 and dipped to a low of 4510, showing an overall pattern of wave-like upward movement.
Recently, gold bulls have been full of energy, advancing rapidly. Some analysts in the market are still bearish, but from a technical perspective, blindly shorting is akin to fighting against the trend, with a low success rate. Based on the weekly candlestick closing pattern, the trading strategy for next week remains the same: buy on dips.
Pay close attention to the support zone of 4495-4500—if prices fall to this level on Monday morning, it would be a good opportunity to establish long positions. Conversely, once gold breaks above the 4550 resistance, there is a chance for an upward extension to the high zone of 4569-4577. The rhythm and strength of this move are worth watching.
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BridgeJumper
· 11h ago
Gold's recent move is really strong; it didn't stop at 4550, and the bulls are still pushing forward.
Buying on dips is correct, but the key is whether 4495 can hold.
Most of the bearish calls are probably from those caught in a trap haha.
The target of 4569 is a bit ambitious; be cautious when entering long positions now.
The rhythm of gold prices is indeed interesting; next week, watch the performance at 4500.
It feels like this week's closing pattern is still bullish, and the bulls haven't fully exerted their strength.
If support is broken, the risk will be high, so set proper stop-losses.
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ApeWithAPlan
· 12-27 16:38
The short squeeze is really playing with fire. I will go all-in on long positions at the bottom of 4495.
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MEVvictim
· 12-27 07:59
The shorts are still dreaming right now; going against the trend and getting caught is deserved.
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FantasyGuardian
· 12-27 07:56
Here comes the bullish call again. Luckily, I didn't follow the trend last time. I'm really glad.
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CommunityWorker
· 12-27 07:55
Shorts really need to wake up; this wave of gold is just forcefully pushing upward.
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GateUser-6bc33122
· 12-27 07:54
Here comes another bullish call. It looks comfortable, but how many are truly bottom-fishing?
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QuorumVoter
· 12-27 07:48
It's the same old trick of buying the dip again. Can 4495 really hold?...
#数字资产市场动态 Gold continued its strong momentum on Friday, with a vigorous rebound and closing firmly around 4532. During the day, the price surged to a high of 4550 and dipped to a low of 4510, showing an overall pattern of wave-like upward movement.
Recently, gold bulls have been full of energy, advancing rapidly. Some analysts in the market are still bearish, but from a technical perspective, blindly shorting is akin to fighting against the trend, with a low success rate. Based on the weekly candlestick closing pattern, the trading strategy for next week remains the same: buy on dips.
Pay close attention to the support zone of 4495-4500—if prices fall to this level on Monday morning, it would be a good opportunity to establish long positions. Conversely, once gold breaks above the 4550 resistance, there is a chance for an upward extension to the high zone of 4569-4577. The rhythm and strength of this move are worth watching.