#美国就业数据表现强劲超出预期 COMEX gold futures are stuck around the $4400 level — can the short positions hold against the selling pressure, and do the long positions have any chance of breaking through?
This position indeed tests patience. In the context of non-farm data exceeding expectations, the dollar is under short-term pressure, and safe-haven demand for precious metals is warming up, but the technical pressure of 4400 USD has not been easily released. Next, we need to observe the degree of volume cooperation—if there are clear signals of large funds entering the market, the probability of a breakout increases; otherwise, we need to be prepared for a pullback. The market's stalemate often indicates the eve of a major trend.
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MEVHunterBearish
· 11h ago
This level is really a bit annoying, neither side has the confidence, just waiting to see who blinks first.
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ImpermanentPhobia
· 15h ago
What a deadlock, this is just the market maker whipsawing... waiting for the trading volume.
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MEVSandwichVictim
· 15h ago
The 4400 level really feels like it's waiting for a signal; if the Trading Volume doesn't cooperate, I wouldn't dare to follow.
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BlockchainDecoder
· 16h ago
Data shows that these technical resistance levels are often prone to false breakouts when trading volume is insufficient - according to a market microstructure study in 2023, the correlation coefficient between the price fluctuations of commodities in a tight range and the net inflow of institutional funds reaches 0.87. It is worth noting that the stronger-than-expected non-farm payrolls should have strengthened the dollar, but instead, the safe-haven demand for precious metals has warmed up. What could be hidden behind this contradictory phenomenon?
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HashBandit
· 16h ago
ngl, 4400 resistance giving me mining PTSD flashbacks... remember when we thought hashrate metrics could predict price moves? spoiler: they couldn't lol. anyway, volume's the real tell here—if big money's actually stepping in or just another trap, back in my mining days we'd call this the "before the dump" setup tbh... either way, gas fees on eth don't care about gold prices so 🤷
#美国就业数据表现强劲超出预期 COMEX gold futures are stuck around the $4400 level — can the short positions hold against the selling pressure, and do the long positions have any chance of breaking through?
This position indeed tests patience. In the context of non-farm data exceeding expectations, the dollar is under short-term pressure, and safe-haven demand for precious metals is warming up, but the technical pressure of 4400 USD has not been easily released. Next, we need to observe the degree of volume cooperation—if there are clear signals of large funds entering the market, the probability of a breakout increases; otherwise, we need to be prepared for a pullback. The market's stalemate often indicates the eve of a major trend.