Yesterday, the gold market hit a new high right at the open, driven by risk aversion sentiment, pushing the price up to 4350.7. After a brief pullback to 4344.8, the market quickly reversed upward, reaching a high of 4455.6 intraday, and finally closing at 4448.9. The candlestick pattern is a standard bullish (yang) line with a small lower shadow, indicating strong bullish control.



The significance of this move is that gold has finally broken through the previously repeatedly tested resistance level. The confirmation after the breakout is very crucial.

From an operational perspective, it is recommended to wait for a pullback opportunity. Once the price drops to the 4410 to 4430 range, consider entering long positions. The upward targets can be viewed in layers: first look at 4460, then 4480, and more daring traders can chase near 4500.
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BlockchainFoodievip
· 01-09 00:56
ngl this gold chart is literally giving me farm-to-fork verification vibes... like we finally broke through the resistance barrier, now we just need the gastronomic consensus to hold it together, you know?
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GateUser-e87b21eevip
· 01-07 04:25
Gold is breaking through again. This time, it really feels like it's about to take off. It finally broke through that tricky resistance level.
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quietly_stakingvip
· 01-06 01:38
This wave of gold is really strong, finally breaking through, the bulls are now secure.
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DoomCanistervip
· 01-06 01:23
This wave of gold's breakout looks comfortable, but we need to wait until the 4500 level is truly stabilized before making any moves. Don't get fooled by false breakouts.
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