#数字资产市场动态 Gold surges then pulls back, should you really panic? Just look at this

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This morning, precious metals again faced resistance at the key 4550 level, then quickly dropped to around 4472, supported by the 30-minute chart. The rebound exceeded many people's expectations. But it’s important to note that a true deep correction has not yet begun.

Looking back at last week’s market, gold soared to a new all-time high. The pullback on Friday? Simply a normal consolidation during a strong rally, with no clear bearish signals. From a larger cycle perspective, the bullish trend remains firmly in control, and this trend has not been broken.

**Key Judgment:**

The 1-hour moving average system is still in a perfect bullish alignment. What does this mean? It indicates that this correction is essentially a buildup, not a reversal. Once the correction is complete, the upward trend will continue. So, traders holding positions at high levels can consider reducing their holdings slightly and then patiently wait for the next clear entry point.

**What to focus on in the short term?**

Below, key support is at the 4500 integer level—this is the bottom line. If it breaks, the consolidation cycle for gold will lengthen. On the upside, focus on the 4520-4530 range; breaking through this zone will significantly reduce resistance.

**Simple trading ideas:**
- Support around 4500-4490
- First target at 4520-4535; once stabilized, look at 4545

*Note: This is only a personal opinion share and should not be used as investment advice.*