Xuan Xiqing: Gold is stuck at 4220, will it break through or turn back? The direction will soon be revealed.



Looking at the 4-hour chart, the current critical level is 4220. This morning, the price briefly touched it and then pulled back, indicating that the bulls haven't fully retreated.

If it can break through 4320 later, then look at around 4400.

Downward, the next support is 4025, and further down is the psychological level of 4000.

Currently, in this market condition, there's no need to insist on judging the direction; focus on observing how the price behaves around these key levels. Whether gold continues to fluctuate within the range or chooses to break out, waiting for clearer signals might be more reliable.

Wishing everything $BTC goes smoothly.
BTC0.06%
ETH0.96%
HYPE-0.91%
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