#BTC与代币化贵金属对比 The gold market has been fluctuating within the 4170-4220 range over the past two days, with no significant breakouts. However, influenced by the Federal Reserve's interest rate decision, gold prices suddenly surged, breaking through the previous resistance at 4220 in one go, and have already touched the resistance zone around 4260 at the beginning of the month. Although the candlestick chart indicates an upward trend, this wave of gains is already substantial, so it's not advisable to blindly chase longs, especially near the strong resistance level at 4260.
In the short term, focus on the resistance at 4250—if it can't hold, a pullback is imminent. During the daytime trading session, there's no need to rush into longs; instead, wait for a rebound to short.
Specific strategy: Watch whether the support at 4180 can hold below, and keep an eye on the 4250 line above. Consider entering short positions in batches around the 4245-4250 area, with the first target near 4225-4200. This operational approach aligns better with the current market rhythm for a more stable trading plan.
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HashBrownies
· 12-11 02:29
The Fed just starts a meeting, and gold prices skyrocket—this rhythm is a bit overwhelming.
With 4260 as such strong resistance, I really think chasing long is suicidal.
Waiting for a rebound to short sounds more reliable, but I'm afraid the rebound won't be strong enough.
If the 4250 level can't be broken, I'll believe you.
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BearMarketMonk
· 12-11 02:27
The gold price skyrockets whenever the Federal Reserve meetings start—this is just a trick.
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The 4250 level is really hard to hold; I bet on a wonton.
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Those chasing the high are all newbies; waiting for the rebound to short is the real strategy.
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It feels like 4180 might break; this round of correction could be deeper than expected.
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It's still "purchasing in batches"; isn't that just gambling blindly?
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Gold's rapid rise this time was too fast; a correction is normal.
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Short-term traders should wake up and not be led around by the Federal Reserve.
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MetaverseHomeless
· 12-11 02:26
Here we go again, getting harvested. As soon as the Federal Reserve starts a meeting, gold prices skyrocket. I'm tired of this routine.
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HodlVeteran
· 12-11 02:15
Oops, this 4250 line looks a bit familiar to me. It was knocked out back in 2018...
The FOMO traders who chased the high are probably going to get sliced again. I, an old hand, advise everyone to wait for a rebound to short safely and not to go all-in.
#BTC与代币化贵金属对比 The gold market has been fluctuating within the 4170-4220 range over the past two days, with no significant breakouts. However, influenced by the Federal Reserve's interest rate decision, gold prices suddenly surged, breaking through the previous resistance at 4220 in one go, and have already touched the resistance zone around 4260 at the beginning of the month. Although the candlestick chart indicates an upward trend, this wave of gains is already substantial, so it's not advisable to blindly chase longs, especially near the strong resistance level at 4260.
In the short term, focus on the resistance at 4250—if it can't hold, a pullback is imminent. During the daytime trading session, there's no need to rush into longs; instead, wait for a rebound to short.
Specific strategy: Watch whether the support at 4180 can hold below, and keep an eye on the 4250 line above. Consider entering short positions in batches around the 4245-4250 area, with the first target near 4225-4200. This operational approach aligns better with the current market rhythm for a more stable trading plan.