#比特币对比代币化黄金 How to view spot gold in the evening session on December 5th?
Actually, tonight’s logic is pretty clear—the fundamentals are solid, the technicals are holding up, and the bears haven’t been able to break through after several attempts, so naturally the bulls will grind their way up bit by bit.
On the US side, inflation data is stable, Treasury yields are still falling, and the US Dollar Index is on the soft side. To put it simply, these macro conditions are basically telling gold to "hold steady, don’t falter."
Looking at the chart, it’s even more obvious: The 4200 level isn’t breaking, and 4185 has been tested multiple times and held. On the hourly chart, it’s a textbook W-bottom pattern, and moving averages are turning back up.
Now the price is grinding between the 4220 and 4230 range. As long as it doesn’t get violently broken down, there’s a pretty high probability of further upward testing tonight.
Don’t overcomplicate things: If it pulls back near 4210, that’s a good opportunity to go long at a lower level. Set your stop loss just below, and target the 4230-4250 area first. $BTC $ETH
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CryptoCross-TalkClub
· 12-06 08:50
LOL, it's the "standard W bottom" again. Last time they said the same thing, but it turned into a V-shaped reversal and dumped hard. My stop-loss order just paid for someone's soda.
That's how gold is—today they'll hype it up to the moon, tomorrow a big red candle wipes it all out. It flips more often than I rewrite my comedy scripts.
Long at 4210? Bro, are you teaching me how to pay tuition? Every time I enter at this level, it's always performance art.
Forget it, I'll just keep telling my jokes—at least the logic is clear and I won't get wrecked.
Just want to ask, can we reach 4250 this time? If not, let's just pretend none of this ever happened.
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ZenZKPlayer
· 12-05 12:06
Around 4210 is indeed a good spot for bottom fishing. The W-bottom does confirm the issue, but it still depends on how US Treasury bonds move.
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HallucinationGrower
· 12-05 11:58
Hmm? Talking about gold again? Why not just go with Bitcoin instead? That's the real digital gold.
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CountdownToBroke
· 12-05 11:51
Damn, it's the W bottom again. Every time they say it's a W bottom, it ends up breaking down. Will it be different this time?
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If gold can really hold above 4210 this time, I'll increase my position. Otherwise, forget it.
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Wait, why does the title say BTC compared to tokenized gold, but the whole article talks about gold? I'm a bit confused.
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4230-4250? I think it's unlikely tonight. Once the Fed speaks, nothing else matters.
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This analysis is exactly the same as some influencer's yesterday, haha, hilarious.
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I just like listening to this kind of confident tone, makes you feel like you'll definitely win. The problem is... I've never actually won.
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Bulls are grinding up, huh? Why do I feel like it might just grind down instead?
View OriginalReply0
SatsStacking
· 12-05 11:44
Well, gold can indeed hold up this time, but I still feel a bit unsure about that 4210 level.
#比特币对比代币化黄金 How to view spot gold in the evening session on December 5th?
Actually, tonight’s logic is pretty clear—the fundamentals are solid, the technicals are holding up, and the bears haven’t been able to break through after several attempts, so naturally the bulls will grind their way up bit by bit.
On the US side, inflation data is stable, Treasury yields are still falling, and the US Dollar Index is on the soft side. To put it simply, these macro conditions are basically telling gold to "hold steady, don’t falter."
Looking at the chart, it’s even more obvious:
The 4200 level isn’t breaking, and 4185 has been tested multiple times and held.
On the hourly chart, it’s a textbook W-bottom pattern, and moving averages are turning back up.
Now the price is grinding between the 4220 and 4230 range.
As long as it doesn’t get violently broken down, there’s a pretty high probability of further upward testing tonight.
Don’t overcomplicate things:
If it pulls back near 4210, that’s a good opportunity to go long at a lower level.
Set your stop loss just below, and target the 4230-4250 area first. $BTC $ETH