Today, gold opened with a sharp rise, but faced resistance at the 4550 key level and pulled back, only rebounding after testing the 30-minute moving average at 4472. The correction was indeed larger than expected, but honestly—there's no need to panic now. A deeper correction has not yet arrived.
Looking back at last week's market, gold surged all the way to a new all-time high. Although there was a pullback on Friday, it was just a normal correction within a strong upward trend and does not constitute a valid bearish signal. The overall trend remains bullish, and the direction hasn't changed.
If you're currently holding positions at high levels, I suggest taking these actions: take small profits and exit gradually, then patiently wait for a genuine buying opportunity. As long as gold can hold above the 4520 resistance line and break through effectively, a big move is still ahead, with plenty of opportunities.
From the 1-hour K-line perspective, the moving averages are still arranged in a healthy bullish pattern, indicating that this correction is just a buildup before continuing higher. Once the correction completes, the price should resume its upward trend. During this cycle, keep an eye on the 4500 level—if it breaks below, the consolidation period will extend. In the short term, focus on the resistance zone between 4520 and 4530.
Trading suggestions: - Consider gradually accumulating around 4500-4490 - First target range: 4520-4535 - If broken, look toward 4545
Disclaimer: The above is only personal analysis and opinion, not investment advice.
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MoonRocketman
· 2h ago
The 4520 gravity resistance level is the real launch window. Cutting losses now is just shooting yourself in the foot.
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0xLuckbox
· 14h ago
Can't push below 4550, the bulls still have to continue. Wait for 4500 to pick up the bottom.
View OriginalReply0
HodlOrRegret
· 14h ago
4550 is stuck... By the way, is this wave really going to retrace to 4450? I'm a bit anxious.
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FrontRunFighter
· 14h ago
nah the real question is who's accumulating at 4490-4500 rn... smells like orchestrated dip tbh
Reply0
GasGrillMaster
· 14h ago
If you can't get 4550, you should face reality. Still shouting about building momentum there.
View OriginalReply0
WhaleMistaker
· 14h ago
If you can't hold 4500, it will really be embarrassing. Don't say I didn't warn you then.
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GoldDiggerDuck
· 15h ago
Whether this threshold at 4520 will be broken or not is the key; I am currently waiting for this signal.
#美联储回购协议计划 Gold surges higher then pulls back? Don't rush to cut losses, read this article before making a decision
$XAU $BTC $ETH
Today, gold opened with a sharp rise, but faced resistance at the 4550 key level and pulled back, only rebounding after testing the 30-minute moving average at 4472. The correction was indeed larger than expected, but honestly—there's no need to panic now. A deeper correction has not yet arrived.
Looking back at last week's market, gold surged all the way to a new all-time high. Although there was a pullback on Friday, it was just a normal correction within a strong upward trend and does not constitute a valid bearish signal. The overall trend remains bullish, and the direction hasn't changed.
If you're currently holding positions at high levels, I suggest taking these actions: take small profits and exit gradually, then patiently wait for a genuine buying opportunity. As long as gold can hold above the 4520 resistance line and break through effectively, a big move is still ahead, with plenty of opportunities.
From the 1-hour K-line perspective, the moving averages are still arranged in a healthy bullish pattern, indicating that this correction is just a buildup before continuing higher. Once the correction completes, the price should resume its upward trend. During this cycle, keep an eye on the 4500 level—if it breaks below, the consolidation period will extend. In the short term, focus on the resistance zone between 4520 and 4530.
Trading suggestions:
- Consider gradually accumulating around 4500-4490
- First target range: 4520-4535
- If broken, look toward 4545
Disclaimer: The above is only personal analysis and opinion, not investment advice.