Take a look at this data—spot gold is only 0.8% away from its all-time high, it feels within reach.
For holders, this moment is indeed quite interesting. Whether traditional gold investors or those optimistic about PAXG, the on-chain gold token, everyone is watching this wave of market movement. After all, reaching a new high is always a highlight in the market.
If it breaks through this resistance level in the short term, it could unleash a wave of accumulated enthusiasm. Anyway, at this position, every percentage point of increase seems especially crucial.
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WhaleWatcher
· 12-16 07:30
0.8% just want to hit a new high? Uh... sounds easy to do but actually hard to achieve
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PAXG has really decoupled from risk assets this time, it's interesting
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Every percentage point is critical... that sounds too superficial
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Gold is going to rise again? My investment portfolio is finally showing some movement
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When hitting a new high, it's usually time to run, everyone who understands knows
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Is on-chain gold token really reliable, or is it better to just hoard physical gold
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The resistance level looks close, but whether it can actually break through remains to be seen
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This wave of market movement feels more like hype around new high concepts, don't get caught being the victim of a trap
View OriginalReply0
CryptoTherapist
· 12-15 08:50
ngl the 0.8% gap is triggering some serious FOMO anxiety in the collective right now... we're literally watching a mass psychological resistance level play out in real time
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SwapWhisperer
· 12-15 08:34
0.8% and you want to blow a new high? I think it's uncertain.
Wait, are those PAXG folks getting restless again?
We don't know if it will break the support level or not. It's too early to say it's releasing enthusiasm.
Gold is rising again? My short position is done for.
Just 0.8%, and every day they are shouting new highs. Isn't that annoying?
Why does it always feel like it's just a little bit away from a new high? That tiny bit can never be broken.
View OriginalReply0
MergeConflict
· 12-15 08:27
0.8% just want to create a hype? What’s the result every time you say that
PAXG and similar things really can hit a new high? I doubt it
Just waiting for the moment of breakdown, then the story will be interesting
This rhythm... just like the last gold market, everyone’s just hyping themselves up
As for the resistance level... let’s see if we can bite into that flesh first, don’t be too optimistic
View OriginalReply0
DogeBachelor
· 12-15 08:25
Just 0.8% away? It doesn't feel that close. I've heard this "on the verge of breaking out" statement too many times.
Whether it breaks a new high or not doesn't matter. Anyway, I'm still watching PAXG; on-chain gold feels great.
Wait, will it really go up or is it just another false alarm?
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GateUser-7b078580
· 12-15 08:22
0.8% sounds close, but when measured hourly, this resistance level often requires a longer cycle to break through — although, historically, each time this happens, it tends to be followed by a pullback.
Is spot gold about to hit a new high?
Take a look at this data—spot gold is only 0.8% away from its all-time high, it feels within reach.
For holders, this moment is indeed quite interesting. Whether traditional gold investors or those optimistic about PAXG, the on-chain gold token, everyone is watching this wave of market movement. After all, reaching a new high is always a highlight in the market.
If it breaks through this resistance level in the short term, it could unleash a wave of accumulated enthusiasm. Anyway, at this position, every percentage point of increase seems especially crucial.