2025-12-29 12:26:01

Gold experienced a rollercoaster in the early trading hours on December 29. The price surged to 4549 at one point, then plunged straight down, touching a low of 4445, with a single-day decline of over 100 points. Although there was a rebound in the afternoon to around 4466, it remained in a weak consolidation, clearly dominated by the bears.

The logic behind this decline is quite clear—strong US economic data boosted the dollar, hawkish statements from European and American central banks continued to suppress non-yielding assets, and the overall weakness in commodities diminished the gold safe-haven aura. The triple negative factors stacked together made it difficult for gold prices to avoid decline.

From a technical perspective, a rebound to the 4470-4475 area can be used to short in batches, with a stop-loss set above 4480. The first target is aimed at 4450; if broken, continue to watch the support at 4440-4430. If the price directly falls below around 4460, then go light on long positions and follow the shorts, targeting the same levels mentioned above.

Risk reminder: Gold trading is highly volatile; operate with caution, and profits and losses are at your own risk.

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SchrödingersNode

· 4h ago

The bears are so fierce, I still have to wait, afraid of getting caught by a sudden attack. --- It's the US dollar again causing trouble; gold really has no temper this time. --- Short at 4470? Brother, I'm still on the sidelines; this market is too bizarre. --- I'll enter if it breaks below 4460, with a small position to test the waters. --- Three major negative factors hit at once, even gold can't withstand it, this is the reality. --- The afternoon rebound was pushed down again, clearly a trap. --- When the dollar is strong, gold just behaves like this, there's no solution. --- Tightening the stop-loss at 4480 feels too strict; I need to leave myself a way out. --- At that moment when I saw 4445, I knew I was going to lose money today. --- Really convinced, the safe-haven halo just disappeared without warning.

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LiquidityLarry

· 5h ago

The bears are so fierce, they couldn't even hold 4445. It seems like it will continue to go down.

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HodlTheDoor

· 5h ago

The short squeeze was fierce this time, dropping directly from 4549 to 4445. I just want to know who is bottom-fishing here. Yesterday, I got beaten up again by Uncle Dollar. When will we turn things around? Still willing to short at 4470? Quite brave. I'll wait until it breaks below 4460 before making a move. It feels like gold hasn't calmed down at all towards the end of the year, constantly hitting us hard. That bunch at the Federal Reserve is really something. Good data is always used to beat down gold.

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ThatsNotARugPull

· 5h ago

Again and again, the plunge, gold's temper is really incredible The bears are having a blast today, the strong dollar just can't beat it See you at 4450, do you dare to bet or not Dare to buy the dip in this rebound? I think it's uncertain If it breaks 4460, it might head straight to 4430, a bit scary Dollar strength, dollar strength, gold has to kneel, it's a rule Light positions and shorting, this operation still needs to be cautious, don't mess it up The rollercoaster market is what I hate the most, I simply can't predict Is the 4475 level really a trap? The central bank hawks are yammering, gold is doubling down

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