Golden Week Review: Steady at the 4300 mark! Next week will see a pullback and consolidation, with layout opportunities coming

Gold's market this week experienced a "grind before the break", showcasing a typical breakout trend: at the beginning of the week, it oscillated in the 4170-4250 range to gain momentum, and on Tuesday night, it strongly broke through the critical resistance at 4250-4260. Although there was a nearly hundred-point retreat on Friday (mainly due to profit-taking), it quickly stabilized at the end of the session, ultimately closing above 4300, highlighting the overall resilience of the bulls.

The technical aspect has formed a clear support structure: the previous resistance at 4250-4260 has completely transformed into strong support, and after breaking through the 4300 mark, a new support platform has also been established; the moving averages on the daily level are in a bullish arrangement, with various technical indicators maintaining bullish signals, solidifying the trend's foundation.

Looking ahead to next week, two points need to be emphasized: first, the short-term technical pullback risk, with an initial pullback or consolidation in the 4320-4280 range, which is the core observation window for laying out long positions; second, next Friday (December 16) non-farm data; if employment data exceeds expectations, it may trigger short-term fluctuations but will not change the overall bullish trend.

In terms of operational thinking, the macro environment still supports gold, so there is no need to panic during pullbacks. It is recommended to focus on "buying on dips" and to seize layout opportunities around the pullback support area of 4280-4260 $BTC $ETH #比特币VS代币化黄金