#数字资产市场动态 December 31 Morning Precious Metals Market Observation and Trading Ideas
Yesterday, gold finally stabilized after a sharp rebound from its high, with North America mainly oscillating around the 4400 level. As of this morning, gold prices have returned to a key consolidation zone. Currently, the market is in a correction phase—digesting previous volatility, waiting for new driving forces to emerge.
How to interpret the current market? Two main factors are at play: First, safe-haven buying remains, as geopolitical uncertainties continue to support gold. The quick stabilization after yesterday’s sharp decline indicates strong bottom support; the buying momentum is evident. Second, risk appetite remains volatile and unpredictable.
Another critical point is the US dollar interest rate expectations. This factor has a significant impact on gold. If the Federal Reserve minutes or officials’ statements suggest a shift in rate cut expectations, gold bullish sentiment could quickly heat up. Conversely, if the dollar temporarily strengthens, gold will need time to adjust, consolidating sideways to digest previous gains and crowded positions.
Looking at the 1-hour chart, gold is currently in a short-term oscillation and correction phase. Moving averages and Bollinger Bands are converging, indicating a temporary balance between bulls and bears. The middle Bollinger Band supports the lower side, with the upper band at 4398 USD forming resistance. Prices are moving between the middle and lower bands, showing clear consolidation characteristics.
Today’s trading ideas: - Consider going long around 4320-4330, targeting 4350 first. If a volume breakout occurs, continue to push towards 4400. - If prices surpass 4400 but fail to stabilize effectively, consider reversing and shorting.
Reminder: Investment involves risks; opinions are for reference only. $BTC $ETH
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EthSandwichHero
· 11h ago
This wave of gold's fluctuations is really exhausting; not being able to break above 4400 is a real headache.
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CryptoMotivator
· 11h ago
Be cautious when bottom-fishing between 4320-4330; the key point of US dollar interest rates has not been confirmed yet.
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zkProofInThePudding
· 11h ago
Waiting another 4400, forget it, this gold just loves to play this trick on people.
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MoodFollowsPrice
· 11h ago
4400 is stuck again, this volatile market really tests patience.
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The core is the US dollar interest rate; wait for any movement from the Federal Reserve to act.
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The strong buying support at the bottom shows that the bulls still have confidence.
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I believe in the idea that sideways consolidation will digest this move; just see how long it can hold.
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In the Bollinger Bands' squeeze state, entering long positions at 4320-4330 is not a bad move.
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Every time we talk about a new year and new atmosphere, but it turns out to be the same old market, it's so frustrating.
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The phrase "risk appetite is unpredictable" is so accurate; it's really hard to guard against.
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If it doesn't hold above 4400, go short again; you need to grasp this rhythm well, or you'll get cut.
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Safe-haven buying is still supporting the market, so there's no need to be too pessimistic for now.
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In the short term, whether 4350 is a real resistance depends on a breakout to create a new topic.
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UnluckyMiner
· 11h ago
It's the US dollar interest rate expectations causing trouble again. This wave of gold is just waiting for the wind to come.
#数字资产市场动态 December 31 Morning Precious Metals Market Observation and Trading Ideas
Yesterday, gold finally stabilized after a sharp rebound from its high, with North America mainly oscillating around the 4400 level. As of this morning, gold prices have returned to a key consolidation zone. Currently, the market is in a correction phase—digesting previous volatility, waiting for new driving forces to emerge.
How to interpret the current market? Two main factors are at play: First, safe-haven buying remains, as geopolitical uncertainties continue to support gold. The quick stabilization after yesterday’s sharp decline indicates strong bottom support; the buying momentum is evident. Second, risk appetite remains volatile and unpredictable.
Another critical point is the US dollar interest rate expectations. This factor has a significant impact on gold. If the Federal Reserve minutes or officials’ statements suggest a shift in rate cut expectations, gold bullish sentiment could quickly heat up. Conversely, if the dollar temporarily strengthens, gold will need time to adjust, consolidating sideways to digest previous gains and crowded positions.
Looking at the 1-hour chart, gold is currently in a short-term oscillation and correction phase. Moving averages and Bollinger Bands are converging, indicating a temporary balance between bulls and bears. The middle Bollinger Band supports the lower side, with the upper band at 4398 USD forming resistance. Prices are moving between the middle and lower bands, showing clear consolidation characteristics.
Today’s trading ideas:
- Consider going long around 4320-4330, targeting 4350 first. If a volume breakout occurs, continue to push towards 4400.
- If prices surpass 4400 but fail to stabilize effectively, consider reversing and shorting.
Reminder: Investment involves risks; opinions are for reference only. $BTC $ETH