The precious metals Asian market has once again launched an upward attack, with gold and silver both reaching new highs. The U.S. stock market is also experiencing a strong rebound, just one step away from a new phase high.
From a technical perspective, 4439 and 4450 in gold are two key levels that the short-term bulls must contend for. Once these two positions are effectively broken, the upward trend is expected to continue strengthening.
The market movement after opening is very interesting—it completely replicated the strong performance of the previous day, with a straight line pulling up, without giving any decent pullback. Starting from the point of 4439, the price successively broke through 4450, then directly aimed for 4490, and those who chased the highs in long positions made a maximum of 50 points.
In the short term, 4500 is the next key observation area. Whether it can effectively break through this round number will determine how far it can go afterwards.
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AltcoinMarathoner
· 12-23 03:56
honestly this looks like mile 20 of a marathon... everyone's chasing the same breakout levels, but fundamentals haven't really shifted tbh. 4500 is just noise if we zoom out to monthly charts. been accumulating quality metals in phases anyway, these sprints always fade.
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NoStopLossNut
· 12-23 03:56
Once the 4500 level is broken, we will see how high it can soar; this wave of market action is indeed fierce.
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MetaverseHobo
· 12-23 03:53
Another wave of rise comes up in an instant, this trap has been played out.
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NightAirdropper
· 12-23 03:36
Wow, it just shot up with a bullish line, this rhythm is really amazing. Is there nobody catching a falling knife or what?
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BearMarketSurvivor
· 12-23 03:31
Wow, this momentum, the straight pump is really inhumane, chasing the price this wave has indeed made quite a profit.
The precious metals Asian market has once again launched an upward attack, with gold and silver both reaching new highs. The U.S. stock market is also experiencing a strong rebound, just one step away from a new phase high.
From a technical perspective, 4439 and 4450 in gold are two key levels that the short-term bulls must contend for. Once these two positions are effectively broken, the upward trend is expected to continue strengthening.
The market movement after opening is very interesting—it completely replicated the strong performance of the previous day, with a straight line pulling up, without giving any decent pullback. Starting from the point of 4439, the price successively broke through 4450, then directly aimed for 4490, and those who chased the highs in long positions made a maximum of 50 points.
In the short term, 4500 is the next key observation area. Whether it can effectively break through this round number will determine how far it can go afterwards.