#数字资产生态回暖 Gold Market Technical Analysis (12.11)



The morning session experienced a technical correction after a surge, which is quite common after breakthroughs—part of the normal consolidation phase. The current price has stabilized near the key support level of 4200 and successfully broke through yesterday’s resistance zone of 4230. Overall, the trend remains bullish.

From a technical perspective, the next focus is on the new resistance level at 4250. Once effectively surpassed, it could open up space up to 4275. The level at 4208 below is quite interesting—it not only serves as support but also resonates with the 4-hour moving average system, indicating strong technical support.

The trading strategy is straightforward: continue with a buy-on-dip approach. Specifically, go long near the 4205-4210 range, with a stop-loss set at 4195. If the 4250 resistance cannot hold, consider lightly shorting to hedge.

The defensive bottom line is 4198; around 4208, partial long positions can be added to participate in the rebound.

$BNB Reminder: The above analysis is for reference only. Market risks always exist, and all decisions should be based on actual trading conditions.
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SerumDegenvip
· 12-11 07:31
ngl the 4208 support + 4h ma convergence is kinda spicy... until it's not lmao. seen this "shared liquidity" copium play out before, usually ends in cascade liquidations at 4195 😅
Reply0
TokenTherapistvip
· 12-11 07:30
4208 this level is really interesting. If it's resonance, it's resonance. Anyway, I'm still looking at many bullish signals, I'll see if I buy at the low.
View OriginalReply0
DefiPlaybookvip
· 12-11 07:16
I've had my eye on the 4208 resonance line for a long time, and it didn't disappoint me. Now I'm just waiting for the breakout above 4250 to seize the arbitrage opportunity and grab a quick profit.
View OriginalReply0
AirdropHunterWangvip
· 12-11 07:09
Can 4250 really hold steady? It feels like even 4230 is a struggle.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)