#以太坊行情技术解读 December 12th Midday Gold Price Movement Observation
From the daily chart perspective, gold prices are encountering resistance at the upper band of the Bollinger Bands around $4285 per ounce—this level also coincides with a previous key high point, making the pressure quite evident. Moving higher, the integer mark at $4320 is right there, with strong psychological resistance that has historically been a hurdle for the bulls to break through.
When gold prices attempt to break through these resistance areas, they often trigger short-term profit-taking sell-offs, leading to repeated oscillations or even a pullback. Honestly, if the $4320 level remains unbroken for a long time, the probability of a short-term downward correction becomes quite significant.
As for trading suggestions, shorting within the range of 4317-4325 is a viable idea, with a stop-loss set above 4335. If a correction develops, watch for potential support levels at 4280, 4260, 4240, and 4220. Don't be overly nervous about high-position shorts; from a logical standpoint, there's nothing wrong with positioning for a bearish move at this level.
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NightAirdropper
· 12-12 10:08
Is it that old theory again? If 4320 can't break, will it drop? Can't we be a bit more flexible this time? The market just loves to go against expectations.
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GateUser-26d7f434
· 12-12 10:04
4320 is really a tough level; it doesn't seem easy to break through.
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ApeShotFirst
· 12-12 10:01
Talking about 4320 again? Bro, I got trapped last time I heard this story.
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gas_fee_therapist
· 12-12 09:55
4320 has yet to be broken, so I guess we have some free time. Let's see.
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LiquidationOracle
· 12-12 09:53
If 4320 can't be broken, then it has to be empty. This logic indeed has no flaws, just worried that it might be a false breakout again to trap us.
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UncommonNPC
· 12-12 09:50
If 4320 can't be broken, then it's time to run. This bearish strategy is indeed reliable.
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TokenomicsDetective
· 12-12 09:43
This level at 4320 is really holding strong. I think the bears have a chance this time.
#以太坊行情技术解读 December 12th Midday Gold Price Movement Observation
From the daily chart perspective, gold prices are encountering resistance at the upper band of the Bollinger Bands around $4285 per ounce—this level also coincides with a previous key high point, making the pressure quite evident. Moving higher, the integer mark at $4320 is right there, with strong psychological resistance that has historically been a hurdle for the bulls to break through.
When gold prices attempt to break through these resistance areas, they often trigger short-term profit-taking sell-offs, leading to repeated oscillations or even a pullback. Honestly, if the $4320 level remains unbroken for a long time, the probability of a short-term downward correction becomes quite significant.
As for trading suggestions, shorting within the range of 4317-4325 is a viable idea, with a stop-loss set above 4335. If a correction develops, watch for potential support levels at 4280, 4260, 4240, and 4220. Don't be overly nervous about high-position shorts; from a logical standpoint, there's nothing wrong with positioning for a bearish move at this level.