Summary of the post-holiday gold market trend. From the K-line pattern, the price has formed a double bottom within the 4430-4448 range, while facing previous resistance at 4498-4525. Currently, it is oscillating within the 4430-4503 box, with support and resistance clearly marked.
Bullish operation: Once the price breaks through the 4503 level, the upward trend can continue, with the target potentially aiming for 4620. But the prerequisite is to hold the risk control bottom line—if it falls below the 4430 key support, long positions must be decisively closed, and stop-losses strictly enforced, without softening.
Bearish opportunities come in two scenarios. The first is near the 4503 resistance level, where a small short position can be tried, but once it is effectively broken, the short must be stopped immediately—don’t be greedy. The second is only when the 4430 support is broken that the bearish trend is truly established, providing an opportunity to open downtrend space. Until the support is broken, it’s mainly a pattern of oscillating within a wide range, with repeated shakeouts.
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BearMarketSunriser
· 6h ago
It's another round of shakeout; whether 4430 breaks or not is the key. It feels like we have to go through this repeatedly here.
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failed_dev_successful_ape
· 6h ago
Another round of box oscillation, so annoying. When will there be a clear direction?
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LayerZeroHero
· 6h ago
This 4430-4503 range is a meat grinder; you should wait for a breakout before taking action.
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Double bottom has formed but is still being washed out repeatedly. This market after the holiday is exhausting.
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The key is still that 4430 line. Only when it breaks will there be a chance; if not, continue to oscillate up and down.
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Consider chasing longs only after breaking through 4503; otherwise, wait for a pullback to buy low.
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That's right, only when stop-losses are set properly can you dare to act; otherwise, being washed out will be painful.
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This kind of range-bound oscillation is the most annoying, feeling like everything is waiting for a breakout confirmation.
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Both bulls and bears have opportunities, but risk control is the most important. One greed could ruin everything.
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I'm optimistic about breaking the 4503 level; reaching 4620 is not a dream.
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Don't think too much before support is broken; it's just a rhythm of repeated washouts.
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I can understand trying a small short position, but I am not very bearish if 4430 doesn't break.
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MemeEchoer
· 6h ago
It's the same old trick of 4430-4503 again, washing for so many days and still dithering here repeatedly.
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PhantomHunter
· 6h ago
It's another cycle of repeated shakeouts, oscillating back and forth between 4430-4503. Don't even mention how difficult it is to judge.
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AirdropDreamer
· 6h ago
The double bottom has been established, 4430 is the bottom line. If it's broken, we have to run. This time, no leniency.
Summary of the post-holiday gold market trend. From the K-line pattern, the price has formed a double bottom within the 4430-4448 range, while facing previous resistance at 4498-4525. Currently, it is oscillating within the 4430-4503 box, with support and resistance clearly marked.
Bullish operation: Once the price breaks through the 4503 level, the upward trend can continue, with the target potentially aiming for 4620. But the prerequisite is to hold the risk control bottom line—if it falls below the 4430 key support, long positions must be decisively closed, and stop-losses strictly enforced, without softening.
Bearish opportunities come in two scenarios. The first is near the 4503 resistance level, where a small short position can be tried, but once it is effectively broken, the short must be stopped immediately—don’t be greedy. The second is only when the 4430 support is broken that the bearish trend is truly established, providing an opportunity to open downtrend space. Until the support is broken, it’s mainly a pattern of oscillating within a wide range, with repeated shakeouts.