#数字资产市场动态 12.29 Gold Night Session Review: Correction Opens Up Range Trading Space

Today’s market rhythm remains relatively clear. In the early session, bulls positioned around 4460, and exited perfectly at the 4510 level, securing a nice profit; in the afternoon, when support was lost, the strategy quickly shifted, and short positions yielded an additional $28 profit. Wave trading is like this—consistent execution of the strategy is more important than anything else.

From the market perspective, this sharp correction in gold is actually quite normal—just a technical adjustment after bullish momentum release, in line with the previous trend rhythm. The short-term decline looks frightening, but it’s important to consider the market structure: conditions for a sustained downtrend are not yet met, and it’s likely to oscillate within a range moving forward. The most profitable approach in this kind of market is to revolve around key price levels, betting on the upper and lower boundaries.

Next, focus on two key levels:
- Resistance at 4495-4515
- Support at the dense trading zone of 4440-4445

Tonight’s critical task is to see whether the support at 4440-4445 can hold. During the European session, gold touched near 4445 and quickly rebounded over 40 points, indicating solid support here. Based on this, the strategy is as follows:

**Bullish Approach**: If gold can stabilize at 4440, consider buying in the 4445-4450 range, with a stop-loss below 4437, targeting the 4508-4510 zone above.

**Bearish Approach**: If the rebound faces resistance at 4508-4515, consider short positions, with a stop above 4522. For support, first watch the 4470-4485 zone; if key levels are broken, continue to follow the trend.

Remember one thing: market corrections are not the end, but the buildup for the next rally. Those who stay calm during oscillations and execute their trading plans precisely will ultimately turn resistance into profit.