#比特币与黄金战争 12.26 Gold Market Observation and Trading Ideas

Asian session opens with gold surging to a new high, but the momentum is lacking—there's no strong follow-through support, so a continuous rally is unlikely. Friends thinking of chasing in at the current price should be cautious; a pullback is likely to happen.

Medium-term support levels are based on three pillars: the Fed's interest rate cut expectations for 2026, ongoing gold purchases by various central banks, and the unfolding geopolitical tensions. These factors support the upward trend in gold. But don’t get too optimistic too early—liquidity tends to dry up during the Christmas holiday, leading to rapid volatility. Those holding positions at high levels may want to take profits, and if the dollar strengthens, these are hidden bearish signals.

**Key points for market analysis:**

Downside: 4500 is a major psychological level that must be watched. If this level breaks, the next support zone is 4470-4490 (with 4480-4490 being a critical intraday reversal zone, and 4440-4450 serving as a strong defense line). Upside: Resistance is around 4550. After breaking the previous high of 4520-4525, the space opens up to 4560-4590. $SOL $XRP $ETH

**Core judgment:** The daily chart remains bullish, and short-term pullbacks are fleeting—they won't change the overall trend. This rapid downward correction is actually a good opportunity to enter in batches for long positions.

**Practical trading directions:**

Conservative approach: Use small positions to buy around 4480-4490, with a stop-loss at 4470. First target is 4520-4530; if broken, look toward 4550.
Steady approach: Build medium- to long-term longs in stages around 4430-4450, with a medium-term target near 4600. Focus on risk management.