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#Solana行情走势解读 What will gold prices do next week? Let's take a look
The recent rally in gold has a pattern—two steps forward, one step back, with a strong sense of rhythm. The bulls are not pushing for a straight surge but are releasing strength gradually in stages. This rhythm is expected to continue into early next week.
It is anticipated that on Monday’s opening, there will be a rebound first, with gold prices pushing upward briefly, but it probably won't last long and will turn back, possibly dropping directly to test the 4480 level. If 4480 cannot hold, then the key support zone to watch is 4440-4460.
Why will there be a rebound on Monday morning? Two straightforward reasons: First, after the non-farm payroll data was released on Friday, gold broke through 4500, and the short-term bullish momentum remains, with a desire to test the resistance near 4517; second, there are no bad news over the weekend to cause a sell-off, and on Monday’s open, bullish sentiment has been energized, pushing gold prices higher as a natural move.
However, the rebound won't last long, and a correction is almost certain. Why? First, the 4517 level has been tested multiple times without breaking through, indicating strong technical resistance; second, gold prices have risen from 4420 to above 4500, with short-term profit-taking already accumulated, making the rebound a good opportunity to take profits; third, the US dollar index itself is expected to have a short-term rebound, which will exert downward pressure on gold as a safe-haven asset.
Historical experience shows that each pullback after a rally usually erases at least half of the gains, so 4480 is the minimum level to watch. If it truly breaks below 4480, then 4440-4460 will be the next line of defense.