From the daily chart, the doji candle on Wednesday has already hinted to us—that this wave may continue to rise. The approach given yesterday was correct, and today we are relying on the support of the 5-day moving average to push higher, reaching a new historical high of 4531.
The support level is clearly around 4470 (near the 5-day moving average). If a pullback occurs, consider buying on dips and riding the upward trend to enjoy the benefits of the rally.
Recently, gold has been repeatedly consolidating at high levels—rising during Asian hours, pulling back during the US session, and then rising again before dawn. This is a "time for space" high-level correction, with daily candles often closing as dojis or small bullish candles. Such corrections actually push the moving averages upward, which is more conducive to breaking new highs later.
The rhythm on the hourly chart is very interesting: rally → consolidation at high levels → rally again. This cycle is very clear. Looking at the time distribution, there is also a pattern—strong continuous bullish breakthroughs often occur between 7:00 and 10:00, the European session tends to be sideways, and after 22:00, sharp declines (usually 60-70 points) are common, followed by stabilization before dawn and a V-shaped rebound that recovers the decline.
Tonight's key is to hold the 4470-4460 zone (close to the 5-day moving average). Stabilizing here allows for considering long positions. If a bottom is tested and a rebound occurs with a full-bodied candle, the direction can be confirmed earlier.
Assuming the upward momentum continues into the late night, next week’s opening could see a push toward 4530 and then a break of the high, with further targets in the 4569-4577 range. Of course, the pattern is not 100% accurate, so final judgment should still be based on key levels and candlestick signals. $BTC $ETH $BNB
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.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
LayerZeroJunkie
· 4h ago
4470 I can't hold on to it, so I cut the meat, and every time I say this, I end up breaking the height and numb
View OriginalReply0
WhaleWatcher
· 11h ago
It's the same manipulation pattern again, repeatedly messing around at high levels, exhausting.
View OriginalReply0
just_another_wallet
· 11h ago
It's another round of shakeout, how many times has this routine been played... But 4470 has indeed held firm.
View OriginalReply0
LiquidationSurvivor
· 11h ago
It's the same old wash trading trick, I've seen it too many times.
#数字资产市场动态 12.26 Evening Gold Price Trend Analysis
From the daily chart, the doji candle on Wednesday has already hinted to us—that this wave may continue to rise. The approach given yesterday was correct, and today we are relying on the support of the 5-day moving average to push higher, reaching a new historical high of 4531.
The support level is clearly around 4470 (near the 5-day moving average). If a pullback occurs, consider buying on dips and riding the upward trend to enjoy the benefits of the rally.
Recently, gold has been repeatedly consolidating at high levels—rising during Asian hours, pulling back during the US session, and then rising again before dawn. This is a "time for space" high-level correction, with daily candles often closing as dojis or small bullish candles. Such corrections actually push the moving averages upward, which is more conducive to breaking new highs later.
The rhythm on the hourly chart is very interesting: rally → consolidation at high levels → rally again. This cycle is very clear. Looking at the time distribution, there is also a pattern—strong continuous bullish breakthroughs often occur between 7:00 and 10:00, the European session tends to be sideways, and after 22:00, sharp declines (usually 60-70 points) are common, followed by stabilization before dawn and a V-shaped rebound that recovers the decline.
Tonight's key is to hold the 4470-4460 zone (close to the 5-day moving average). Stabilizing here allows for considering long positions. If a bottom is tested and a rebound occurs with a full-bodied candle, the direction can be confirmed earlier.
Assuming the upward momentum continues into the late night, next week’s opening could see a push toward 4530 and then a break of the high, with further targets in the 4569-4577 range. Of course, the pattern is not 100% accurate, so final judgment should still be based on key levels and candlestick signals. $BTC $ETH $BNB