#战略性加仓BTC Gold Price Trend Observation｜Potential Recovery from High-Level Consolidation

From the daily chart, gold tested the bottom around 4350 yesterday and stabilized above the key moving average support. Although recent movements have seen some adjustments, the medium-term trend pattern remains intact. Currently, it is in a phase of high-level consolidation. As long as the previous channel's upper boundary is maintained, there is a high probability of continued oscillation upward, restoring the previous volatility range. This wave of correction is mainly due to adjustments in trading mechanisms and does not indicate a fundamental problem in the medium term. From the macro cycle, market allocation needs, and external environment, the medium-term upward trend of gold still has support.

The situation on the hourly chart is interesting. After yesterday's fluctuation, it appears to be a technical consolidation. The key levels are around 4340 and 4275, with yesterday's low fluctuating between these two levels. Once the consolidation completes, there is still room for upward movement. The Asian and European trading sessions have been continuously repairing, and there may be another opportunity for upward movement tonight.

Short-term support mainly depends on whether the 4362-4365 zone can hold. The resistance levels above are sequentially 4397-4404, 4420-4430, and 4455-4460. It is important to note that the market is unlikely to rise in a straight line; there will definitely be fluctuations along the way. These technical levels are just for reference, and actual trading should be flexible and based on the specific situation at the time.