Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
6.1 Gold Afternoon Review: Pullback in Place, Short-term Looks for Rebound and Repair
Review of the Market:
Cocoa's outlook was fulfilled yesterday, unable to break through 4550 resistance. In the early session, gold prices surged to around 4540 and faced resistance, then as expected, pulled back in the afternoon, precisely touching the key support level at 4510 before stabilizing and rebounding. Currently trading around 4517.
Trend Analysis:
Below, 4510 is the key intraday support level and also the lifeline for the bulls' defense. Both tests in the afternoon did not break below it, so support is effective. Above, the 4520-4525 zone is a dense resistance area, which is both a former support turned resistance and a zone of short-term moving average death cross suppression. As long as 4510 holds, the short-term trend favors a rebound and repair; if it breaks through 4525, the upward space opens.
Trading Suggestions:
Maintain a low long strategy. Lightly enter long positions around 4500-4520, targeting 4525; if broken, hold for 4530, 4550. If broken further, look towards above 4660, with strict stop-loss and position control.