Gold Daily Chart Level: Yesterday, it closed with a full-bodied large bullish candle as expected, with the closing price exactly at the 50% retracement level of 5238-4100, which is 4668. Today, the Asian session continued to rise, pushing above 4750, approaching the 61.8% resistance level at 4803. According to previous weeks' analysis, this rebound should at least reach the 618% level, around 4800. Meanwhile, the midline has moved down to 4828, and the 66-day moving average is at 4854, so the 4800-4854 zone may encounter some resistance. If it fails to break through, a pullback may occur; the first support level to watch is the 382% retracement at 4530. If it stabilizes there, an upward consolidation is still expected, with further tests of the 5000-5100 range. However, if the strong momentum breaks through the 4800-4854 resistance zone, it could directly challenge the 5000-5100 area and move toward the upper boundary, continuing the flag pattern channel.

BTC0,12%
XAUT1,85%
SOL-1,27%
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Vortex_Kingvip
· 6h ago
To The Moon 🌕
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