How should the gold trend be operated?



Today, gold and silver have experienced another wave of correlated increase. From the perspective of K-lines, it is clear that this wave of market movement in December is still under the control of the bulls. The next key point to watch is whether it can stabilize above 4500—once this level is secured, the upward space will be completely opened up.

Yesterday's daily line formed a beautiful solid bullish candle, and the hourly chart has been continuously rising, showing significant strength in the market. The early session moved straight up, hardly giving any opportunities for weak holders to enter. With this momentum today, we need to pay attention to the support line at 4448, while short-term pressure is still around 4500. In simpler terms, we are waiting for institutions to provide a signal for a breakout or a pullback.

How to proceed specifically? If the price retraces to around 4448, consider going long in line with the trend, setting the stop loss below 4435 and aiming for a profit target of around 4495. Conversely, once it breaks above 4500, first test the short position lightly to gauge the temperature of the bears, with a stop loss at 4510, then watch for a drop to the range of 4465-4455.

The biggest taboo in trading is blind guessing. We must stick to speaking with real data and sharing useful ideas to help everyone avoid unnecessary detours. The market will use time to validate what is reliable.
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