Gold broke through the 4500 USD integer mark on Golden Week Friday, and this signal is quite strong. From a short-term perspective, there are sufficient reasons to remain bullish next week.
As we enter next week, gold is likely to continue upward, with a key focus on the 4550 USD level. Once this barrier is broken, the next target will be in the 4580 to 4600 USD range, which would be a brand new all-time high.
Of course, the technical aspect is just as it appears; whether it can rise as expected still depends on the actual market trend. The precious metals market is full of uncertainties, and silver is also worth paying attention to.
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LuckyHashValue
· 01-10 07:53
Once 4500 breaks, I start thinking about 4600. Alright, I understand the gambling mentality best.
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LiquidityOracle
· 01-10 07:48
Another new high is approaching. Can it break 4600 this time? Feels like this wave is quite strong.
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SellLowExpert
· 01-10 07:43
Breaking through the 4500 mark is definitely satisfying, but I'm more concerned about whether we can smoothly reach 4550. Speaking of historical highs, every time it's mentioned, isn't it just a pullback in the end?
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NestedFox
· 01-10 07:39
Breaking below 4500 and immediately aiming for 4600, how naive... the real market will teach you a lesson.
Gold broke through the 4500 USD integer mark on Golden Week Friday, and this signal is quite strong. From a short-term perspective, there are sufficient reasons to remain bullish next week.
As we enter next week, gold is likely to continue upward, with a key focus on the 4550 USD level. Once this barrier is broken, the next target will be in the 4580 to 4600 USD range, which would be a brand new all-time high.
Of course, the technical aspect is just as it appears; whether it can rise as expected still depends on the actual market trend. The precious metals market is full of uncertainties, and silver is also worth paying attention to.