Sometimes making money is that simple—do you dare to seize the opportunity when the market presents it to you? How do we view the recent market trends? Let's dig into it.



Yesterday, gold performed exceptionally strong. The price broke through key resistance directly, and the daily line closed with a large bullish candle, officially establishing a bullish pattern. More critically, during this upward process, the bears hardly made any counterattacks, charging upward with momentum—this is the hallmark of a strong trend, rejecting deep pullbacks and continuously rising with rhythm. As long as this strong pattern remains, any minor pullback could be a signal to enter.

Looking from the outside, US stocks rose across the board yesterday, with an increase in risk appetite. However, what’s more interesting is that gold experienced a surge—gaining over a hundred dollars in a single day and reaching a new historical high. What does this indicate? The enthusiasm for allocating funds to gold remains very high. In trending markets, prices often digest expectations ahead of time, which is why we have always emphasized the importance of following the trend.

Let's take a look at the technical details. The two support levels for short-term trading are crucial:

**The first support** is the low point of 4430 on the US market, which is the defense line for maintaining a strong structure.

**The second support** is at the 4400 integer level. As long as it holds here, the bullish pattern remains intact. If it is breached, the trend assessment will need to be re-evaluated.

Currently, gold is oscillating upwards based on the moving average system, with a clear rhythm and no suspense for the bulls.

**Practical Thinking**:
- The 4435-4445 range can be used to build long positions on dips, with a short-term target aimed at the 4480-4500 area.
- If you had previously opened long positions below 4400, just continue to hold them, and remember to set a stop loss.

The most important thing in trading is not how accurately you can predict, but whether you can act decisively when the opportunity arises. The market may fluctuate, but the window that belongs to you only opens for those who do their homework.
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NonFungibleDegenvip
· 12-23 01:51
ngl ser the 4400 support is probably nothing but like... if we break it i'm actually cooked lmao
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FlashLoanLarryvip
· 12-23 01:51
honestly the opportunity cost of sitting on the sidelines while this thesis validates itself is kinda brutal... been watching the liquidity depth on these support levels and ngl, the capital utilization efficiency here is chef's kiss. 4430's basically the backrunning sweet spot if you ask me
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WhaleWatchervip
· 12-23 01:50
Here we go again with this trap, saying 4430 and 4400 back and forth. The last time I heard this, gold fell to 4200. Those who dared to buy it early would have been financially free, haha.
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