Gold's recent rebound still hasn't stabilized above 4440. Once it breaks below, it will head straight for the 4400 support level. Recently, it has already tested around 4420, and after the rebound, it got stuck again at 4440. It seems there are short-term shorting opportunities.
You might consider shorting in the 4435 to 4440 range, with a stop-loss placed above 4446. If everything goes smoothly, the target could be between 4405 and 4400. Once it breaks below 4400, it is very likely to continue downward toward 4380, and there’s even a chance to fill the gap at 4330. Based on the current trend, the downward pressure remains quite strong.
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CexIsBad
· 01-10 05:36
4440 is indeed a tough barrier, getting stuck every time is really frustrating.
It seems we still need to explore further; can we hold the 4400 level in this wave?
If it's a short position setup, it depends on whether there will be negative news to support it; otherwise, it’s easy to get cut off by a rebound.
Filling the 4330 gap? That would require a significant drop, feeling quite uncertain.
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GateUser-bd883c58
· 01-09 19:50
Position 4440 is indeed hard to hold. There is still a chance to be bearish.
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FundingMartyr
· 01-08 09:01
Is this 4440 level really causing a deadlock? Do I have to short again? Last time I said this, I ended up losing everything, bro.
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FlatTax
· 01-08 08:55
This hurdle at 4440 is really stuck tight; it feels like we're just going back and forth there.
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ThreeHornBlasts
· 01-08 08:55
The hurdle at 4440 really stuck, it seems there is indeed room for a dip.
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0xLuckbox
· 01-08 08:49
4440 is just a paper tiger and can't stand firm. I bet it will drop directly to 4400.
Gold's recent rebound still hasn't stabilized above 4440. Once it breaks below, it will head straight for the 4400 support level. Recently, it has already tested around 4420, and after the rebound, it got stuck again at 4440. It seems there are short-term shorting opportunities.
You might consider shorting in the 4435 to 4440 range, with a stop-loss placed above 4446. If everything goes smoothly, the target could be between 4405 and 4400. Once it breaks below 4400, it is very likely to continue downward toward 4380, and there’s even a chance to fill the gap at 4330. Based on the current trend, the downward pressure remains quite strong.