#美联储重启降息步伐 Friday’s gold price action was intense—after surging to 4259, it plunged straight down, ending the session at 4196, losing the 4200 mark once again.



It was a classic rollercoaster market throughout the day. On the hourly chart, prices swung wildly, with bulls and bears battling for hours, but neither side gained the upper hand. Overall, we’re still in that familiar wide-range consolidation. The wall at 4265 remains tough to break, and the support zone at 4163-4175 needs to be closely watched.

If the market opens next week and retests the support band successfully, there will be a short-term long opportunity. But if 4163 is truly broken? That would be a signal for a new round of deeper declines.

From a technical perspective: on the 4-hour chart, there are two levels of resistance—strong resistance at 4245-4260, and nearer resistance at 4225-4230. Key support is locked in at 4165-4175. With the current clear consolidation pattern, the strategy is simple—wait for a pullback near the support level before making a move, and don’t chase the highs.

Reference levels: If it pulls back to the 4175-4165 area, you can consider going long, with the first target at 4225-4230. If that’s broken, look for higher targets.

Be patient for key price levels—precise entries are the key to success.
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GateUser-75ee51e7vip
· 12-09 16:52
Another roller coaster ride, I'm tired of this routine... If it breaks 4163, I'll cut my losses and run, seriously.
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MysteryBoxBustervip
· 12-07 11:52
4200 has broken again; this level is as fragile as if it were made of paper—it shatters at the slightest touch.
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APY_Chaservip
· 12-07 10:39
Same old trick again. If 4200 can't hold, it's time to wake up. Feels like it's going to test 4163 next, better be cautious.
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unrekt.ethvip
· 12-07 10:37
Another day of a false breakout. The 4259 level is just a trap; it simply can't hold.
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