Gold today is relatively calm—reaching a high of 4475, a low of 4428, and now oscillating between 4460-4475. The chart features are quite clear: a strong resistance at 4475 (intraday high), a strong support at 4428 (intraday low), and a psychological level at 4400 in the middle.
How to interpret the technicals? The three lines of KDJ are comfortably above 50, indicating a bullish bias, but the J line has already turned downward—suggesting that the bullish momentum is weakening, and a correction signal is growing stronger. Looking at MACD, the DIFF line has crossed below DEA to form a death cross, and the green histogram has just appeared, indicating that the upward momentum is indeed slowing down. The probability of consolidation is clearly increasing.
How to operate?
✓ Bullish approach: Wait for gold to pull back to the 4455-4465 range and stabilize before taking a small long position. The first target is 4475; if it breaks through, look toward the 4500 level.
✓ Bearish approach: Only act when the price effectively breaks below the 4440 support line, also with a small position. The initial target is 4430; if it breaks, continue selling toward 4400.
In summary, in the short term, expect high-level consolidation. Don't rush to go all-in; wait for the pattern to become clearer before entering.
View Original
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.
22 Likes
Reward
22
6
Repost
Share
Comment
0/400
DegenRecoveryGroup
· 01-07 00:54
Another frustrating high-level oscillation market, really annoying
Wait, the title says Ethereum whales, but the content is talking about gold? Are you joking with me?
What to go all-in on, this kind of market is just waiting to die
How many times have I heard the 4400 psychological barrier? Haha
Light positions to test the waters? Better to just lie flat and watch the show
View OriginalReply0
BridgeTrustFund
· 01-06 13:40
It's gold again, and it's oscillating. I know this pattern well. Let's wait until the formation is clear before discussing.
View OriginalReply0
RugPullSurvivor
· 01-06 13:37
It's another one of those "light position testing" activities. I think it's better to wait for a clear signal before acting.
View OriginalReply0
SingleForYears
· 01-06 13:35
This wave of gold fluctuation is really a bit torturous, feeling like it's testing back and forth between 4460-4475, it's boring.
View OriginalReply0
LuckyBlindCat
· 01-06 13:31
It's the same story again, small positions and light holdings, but in the end, still empty-handed.
View OriginalReply0
FOMOrektGuy
· 01-06 13:20
Another day of volatility, which is why I hate gold—it's so sluggish.
#以太坊大户持仓变化 Evening Gold Price Trend Analysis
Gold today is relatively calm—reaching a high of 4475, a low of 4428, and now oscillating between 4460-4475. The chart features are quite clear: a strong resistance at 4475 (intraday high), a strong support at 4428 (intraday low), and a psychological level at 4400 in the middle.
How to interpret the technicals? The three lines of KDJ are comfortably above 50, indicating a bullish bias, but the J line has already turned downward—suggesting that the bullish momentum is weakening, and a correction signal is growing stronger. Looking at MACD, the DIFF line has crossed below DEA to form a death cross, and the green histogram has just appeared, indicating that the upward momentum is indeed slowing down. The probability of consolidation is clearly increasing.
How to operate?
✓ Bullish approach: Wait for gold to pull back to the 4455-4465 range and stabilize before taking a small long position. The first target is 4475; if it breaks through, look toward the 4500 level.
✓ Bearish approach: Only act when the price effectively breaks below the 4440 support line, also with a small position. The initial target is 4430; if it breaks, continue selling toward 4400.
In summary, in the short term, expect high-level consolidation. Don't rush to go all-in; wait for the pattern to become clearer before entering.