Recently, the trading logic of gold has been quite clear. After repeatedly testing the key support level at 4400-4420, it finally stabilized. During the session, it once surged to 4436, a direct increase of 21 points. This rebound strength is considered quite good.
From a technical perspective, this wave of rebound was very precise. Comparing it to the recent trend in the crypto market, the correlation between commodities and digital assets is becoming increasingly close. As a traditional safe-haven asset, gold often drives the overall risk asset sentiment recovery when macro expectations shift.
Currently, while paying attention to whether gold can hold this rebound, it is also important to monitor the performance of related high-risk assets. The market rhythm is in the hands of participants; mastering the game of support and resistance levels is key.
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Token_Sherpa
· 01-10 21:38
gold bouncing off support is cool but let's not pretend macro correlation suddenly matters when it's convenient lol... crypto's been decoupled enough times already, honestly just watching if it actually holds or we're in another dead cat situation
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MagicBean
· 01-10 00:47
The recent rebound in gold is indeed interesting; it's finally no longer breaking below levels.
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The 4420 level has really been a tough barrier for a long time. Now that it has stabilized, the overall market sentiment feels completely different.
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A 21-point surge was more aggressive than I expected. It seems the bullish funds are not to be underestimated.
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The key is whether it can hold on afterward; otherwise, returning to a volatile mode would be awkward.
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I have some doubts about the correlation between commodities and the crypto market; it still feels like each is operating independently.
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The ongoing game between support and resistance levels is always the same, but who can really pinpoint it accurately?
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The rise of gold is a good sign, indicating that risk aversion sentiment has eased.
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In this kind of market, high-risk assets really require caution; unrealized gains can disappear in an instant.
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MidnightGenesis
· 01-09 09:42
On-chain data shows that there is indeed a large accumulation of buy orders at the 4420 level. Based on the contract deployment time, this rebound is not surprising.
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All-InQueen
· 01-08 07:50
The recent rebound in gold is quite interesting, finally no longer bouncing at the bottom repeatedly.
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If 4420 doesn't break, there might still be hope. The key still depends on how BTC moves.
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The correlation between commodities and crypto has been evident for a while now, and it's becoming more obvious.
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If support levels can't hold, it's game over; if resistance levels can't be broken, it's pointless. It all depends on the participants' confidence.
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A 21-point surge? Wake up. This is nothing in the crypto world, but the gold rebound is indeed rare.
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I always feel that this gold rebound is fake; commodities won't turn around so easily.
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Let's wait and see, I feel there might be another bottom test.
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GasFeeTears
· 01-08 07:49
This wave of gold rebound has indeed been a bottoming, holding above 4420 feels comfortable.
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rugdoc.eth
· 01-08 07:45
Gold is once again playing the game of repeated testing, truly an old trick.
Only when Bitcoin really takes off can gold truly demonstrate its hedging value. Now they are linked? That's being generous.
Support levels are firmly holding, if it can't break through, it will just continue sideways, waiting for the main players to make decisions.
The real highlight is in high-risk assets; gold remains steady, that's all.
A 21-point rebound, what does it matter? It all depends on whether it can break 4450.
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GateUser-a606bf0c
· 01-08 07:45
This wave of gold's rebound is indeed attractive; the key is whether it can hold the 4436 level.
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DaoResearcher
· 01-08 07:44
From on-chain data, the correlation between gold and crypto is indeed strengthening—this actually reflects a redistribution of risk asset pricing power, specifically involving the synchronization of risk preferences under the Token Weighted Voting mechanism. It is worth noting that the repeated testing of the 4400-4420 support level is essentially caused by incentive incompatibility among liquidity providers.
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AirdropSweaterFan
· 01-08 07:22
I'm a bit skeptical about this gold rebound. If 4436 doesn't hold, we'll have to go back and find the bottom.
As for the linkage between crypto and gold, it feels like they're both just dancing to macro expectations, and the real turning point hasn't arrived yet.
Support levels are important, but right now everyone is betting on whether the big players will take the bait or not—it's all too uncertain.
In this kind of market, you need to watch more carefully and not be fooled by a 21-point rally.
Recently, the trading logic of gold has been quite clear. After repeatedly testing the key support level at 4400-4420, it finally stabilized. During the session, it once surged to 4436, a direct increase of 21 points. This rebound strength is considered quite good.
From a technical perspective, this wave of rebound was very precise. Comparing it to the recent trend in the crypto market, the correlation between commodities and digital assets is becoming increasingly close. As a traditional safe-haven asset, gold often drives the overall risk asset sentiment recovery when macro expectations shift.
Currently, while paying attention to whether gold can hold this rebound, it is also important to monitor the performance of related high-risk assets. The market rhythm is in the hands of participants; mastering the game of support and resistance levels is key.