#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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SellLowExpertvip
· 6h ago
Another step forward, one step back. This rhythm is really annoying. Just waiting for Monday to be repeatedly cut again, haha.
View OriginalReply0
RugpullTherapistvip
· 6h ago
It's the same old pattern of taking two steps forward and one step back. Every time they say the rhythm is strong, but in the end, they still have to take profits and run.
View OriginalReply0
TopEscapeArtistvip
· 6h ago
Coming back with this again? Moving two steps forward and one step back, but I feel like I'm just taking a step backward... If 4517 can't break through, I know I'm going to fail. Now I still want to buy the dip at 4480. I really should stop this habit.
View OriginalReply0
FortuneTeller42vip
· 6h ago
It's another pattern of taking two steps forward and one step back. Does gold really love to mess with people like this?
View OriginalReply0
0xLostKeyvip
· 6h ago
Same old story, move two steps forward and one step back. See you at 4480.
View OriginalReply0
CryptoMotivatorvip
· 6h ago
Move forward two steps, then step back one? I'm too familiar with this rhythm; it's just the usual trick to harvest the little guys.
View OriginalReply0
AirdropHunterZhangvip
· 6h ago
Take two steps forward, one step back? Ha, isn't that just my all-in strategy? Cut losses at high points, buy the dip at low points, cycle repeatedly until zeroed out. I bet on breaking through the 4480 hurdle anyway, I can afford to lose.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)