#比特币对比代币化黄金 Gold’s movement last week was pretty interesting—it opened around 4220, bulls pushed it straight up to 4265, but there were no buyers at the highs so it got slammed back down, dropping through the 4162 level, and barely managed to close back at 4196 on Friday. The candlestick chart shows a doji with a long upper shadow, which is a classic signal of bulls and bears being locked in a tug-of-war.
You can see it clearly on the 4-hour chart: gold is tightly boxed between 4160 and 4260. The price tried twice to break above 4260 but failed, which shows heavy selling pressure up there. On the downside, 4160 held up strong—the price tested it twice and buyers showed some willingness to step in. The Bollinger Bands have narrowed a lot, so I expect more sideways grinding as the week opens.
The key is which side breaks first—if it drops below 4160, the next likely stop is the lower edge of the converging triangle at 4120. If it can break above 4260, the bulls might regain control.
For trading, I’m leaning toward a range-bound strategy: try shorting around the 4220-4223 area, targeting 4188-4190 at first, and reassess if it breaks through. $BTC $ETH $BNB The correlation between these and gold lately is also worth watching. It’ll be interesting to see whether tokenized gold or Bitcoin holds up better in this round of correction.
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FlashLoanLarry
· 19h ago
ngl the whole tokenized gold vs btc thesis feels like comparing basis point extraction strategies when volatility's the real alpha here... but yeah gold's liquidity depth at 4160 is actually telling—reminds me of watching mev bots fight over slippage, except slower and more boring. that 4260 rejection hits different tho—classic opportunity cost play where capital just... leaves the room
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DegenWhisperer
· 19h ago
The range is really frustrating, oscillating back and forth between 4160-4260, and we’ll have to keep enduring it this week. But the short opportunities are pretty clear: sell on the rebound.
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WenMoon42
· 20h ago
It's really tough grinding in this range. Better to wait for a breakout; if it keeps swinging like this, it's easy to get shaken out.
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just_another_fish
· 20h ago
Grinding at the top again, with such heavy selling pressure, 4160 will be broken sooner or later. I'm bullish on this wave of bears.
#比特币对比代币化黄金 Gold’s movement last week was pretty interesting—it opened around 4220, bulls pushed it straight up to 4265, but there were no buyers at the highs so it got slammed back down, dropping through the 4162 level, and barely managed to close back at 4196 on Friday. The candlestick chart shows a doji with a long upper shadow, which is a classic signal of bulls and bears being locked in a tug-of-war.
You can see it clearly on the 4-hour chart: gold is tightly boxed between 4160 and 4260. The price tried twice to break above 4260 but failed, which shows heavy selling pressure up there. On the downside, 4160 held up strong—the price tested it twice and buyers showed some willingness to step in. The Bollinger Bands have narrowed a lot, so I expect more sideways grinding as the week opens.
The key is which side breaks first—if it drops below 4160, the next likely stop is the lower edge of the converging triangle at 4120. If it can break above 4260, the bulls might regain control.
For trading, I’m leaning toward a range-bound strategy: try shorting around the 4220-4223 area, targeting 4188-4190 at first, and reassess if it breaks through. $BTC $ETH $BNB The correlation between these and gold lately is also worth watching. It’ll be interesting to see whether tokenized gold or Bitcoin holds up better in this round of correction.