Gold Next Monday Trend Analysis



Looking back at the recent overall trend of gold: it has continued to consolidate with persistent volatility at high levels, and the price repeatedly pulls back and shakes out positions. The small decline after the prior push to higher levels is a normal technical correction, mainly digesting short-term floating chips. The overall bullish structure remains intact; the mid-term upward rhythm has not changed. There is no reversal signal— the market is building momentum and waiting for the next round of upside breakout.

At present, the market has abundant and continuously solid positive support. Many countries keep increasing their gold reserve allocations, and market physical demand remains strong, helping to firmly underpin the bottom range of prices. External conditions are uncertain, and risk-hedging sentiment stays active, effectively suppressing the room for a deep pullback. Combined with a generally mildly improving outlook on overall liquidity, multiple positive factors resonate together, continuously supporting gold’s overall strong bias.

The current low-level support is solid. Multiple retests of key zones have not broken them, showing clear bottom-building characteristics during this consolidation. Short-term technical indicators have been fully repaired. Bullish momentum is gradually returning, and the market has accumulated sufficient strength— making a higher probability of pushing upward next week.

Trading idea: If the price pulls back to the support zone of 4480–4500, you can deploy in batches at low levels. The first short-term target is 4550–4580. After it holds above and breaks through, follow the momentum to look at 4620–4650. If the strength continues, you may further target the 4700 level. In a volatile range-bound market, don’t chase the ups and downs—stick to stable positioning at lower levels, and patiently hold while waiting for the next wave of rally to lock in profits.
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