Gold spot today is performing well, overall still in an upward channel.



The key level to watch is 4505, which is a turning point. If it stays above this level, we are bullish, with the initial target at 4572, then continuing towards 4590.

Conversely, if 4505 is broken, we need to adjust our outlook — a bearish scenario may emerge, with the lower target set at 4490, and further down at 4470.

The RSI indicator is giving a decent signal, and the technical analysis suggests further room for upward movement, but confirmation is still needed.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
WalletsWatchervip
· 13h ago
Can we hold this 4505 level? It feels a bit uncertain.
View OriginalReply0
CounterIndicatorvip
· 13h ago
Breaking or not at 4505 is really crucial, it feels like walking on a knife's edge.
View OriginalReply0
GasFeeVictimvip
· 13h ago
4505 this hurdle is really crucial; once broken, you have to run
View OriginalReply0
PrivacyMaximalistvip
· 14h ago
This hurdle at 4505 is really crucial; breaking through it or not directly determines how to proceed afterward.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)