Hello everyone, it's another new week. The year is coming to an end, so how did your account perform? Whether you made profits or losses, what's past is past — the real focus should be on analyzing your decision-making process and trading rhythm. Calm your mind, get ready, the next cycle's market is waiting.
Speaking of gold, it didn't disappoint the bulls this week. Continuous strong bullish candles pushed the price straight up, and on Friday, it even broke through $4,550. Both technical indicators and market sentiment are signaling one thing: the bulls are still very strong. The worst thing to do in such times is to try to guess the top, unless there's a black swan-level shock. Otherwise, don't change your strategy blindly; follow the trend.
The trading logic is simple: continue to go long at low levels, with recent support levels at 4510 and 4480. Next week, look for entry points around these two levels. Once the upper side is stable, aim for 4600. The Fed's repurchase policy is fueling the rally behind the scenes, and in the short term, this upward momentum is likely to continue.
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FunGibleTom
· 11h ago
Breaking 4550 is a signal; no need to guess the top, this wave is stable.
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Tokenomics911
· 11h ago
The 4550 level has been broken, this bullish wave is indeed fierce, I'm also riding along to make gains.
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fren.eth
· 11h ago
Dare to push past 4550, this bullish wave is really fierce... But I'm still a bit hesitant, I feel like a pullback is coming.
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tx_pending_forever
· 11h ago
Breaking through this 4550 barrier is getting tough, I feel like we're heading towards 4600.
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NFTArtisanHQ
· 11h ago
ngl the whole "don't guess the top" thing hits different when you realize it's basically the same principle as hodling through market cycles in crypto... the fed's liquidity injections creating aesthetic value through scarcity, it's almost poetic how the macro prints while we're all just deconstructing price action like curators analyzing brushstrokes
Hello everyone, it's another new week. The year is coming to an end, so how did your account perform? Whether you made profits or losses, what's past is past — the real focus should be on analyzing your decision-making process and trading rhythm. Calm your mind, get ready, the next cycle's market is waiting.
Speaking of gold, it didn't disappoint the bulls this week. Continuous strong bullish candles pushed the price straight up, and on Friday, it even broke through $4,550. Both technical indicators and market sentiment are signaling one thing: the bulls are still very strong. The worst thing to do in such times is to try to guess the top, unless there's a black swan-level shock. Otherwise, don't change your strategy blindly; follow the trend.
The trading logic is simple: continue to go long at low levels, with recent support levels at 4510 and 4480. Next week, look for entry points around these two levels. Once the upper side is stable, aim for 4600. The Fed's repurchase policy is fueling the rally behind the scenes, and in the short term, this upward momentum is likely to continue.