#以太坊行情解读 Gold has reached a new high again, and many people are struggling with whether they can still chase it?

$XAU The core logic of this market trend is actually not complicated. The uncertainty of the global economy still exists, and changes in the geopolitical situation provide continuous support for safe-haven funds. Coupled with the policy direction of various central banks—especially what the Federal Reserve will do next—has become the focus of the market. Everyone is betting on the pace of the central banks, so fund allocation is becoming increasingly cautious. With the U.S. non-farm payroll data set to be announced on December 24, short-term participants are starting to exit early, which has also led to an ongoing increase in the volatility of gold prices.
From the chart, gold is currently on an upward trend. The short-term moving averages are in a bullish arrangement. Although the indicators show overbought signals, in such a strong market, the overbought state can often be maintained for a period of time. The key lies in the pressure near the historical high—once it effectively stabilizes, the subsequent space will be completely opened up.
Technical Reference:
Gold can be monitored for upward opportunities around 4455-4445.
The initial target is aimed at the 4465-4475 range, and if it breaks, look for 4485 and 4490.
(The above is for personal analysis reference only and should not be used as investment advice.)