Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
4.16 Old Four's Gold Evening Trading Ideas
Gold is currently still in the high-level consolidation phase within a major bullish trend, with the overall upward structure remaining intact and no signs of trend reversal.
Prices are holding steady in the 4800-4840 range with sideways fluctuations, candlestick bodies narrowing, and trading volume slightly decreasing, typical of a bullish consolidation pattern gathering momentum for a further rally.
On the 4-hour chart, gold is moving within a converging ascending channel, with the pullback space continuously narrowing. The lows have gradually risen from 4750 and 4780 to around 4790, with bearish momentum steadily weakening. Strong buying support below provides a foundation for breaking through the 4840-4870 resistance zone.
Trading reference:
A pullback to the 4790-4800 area can be used to establish long positions, with the initial target at 4835. If a clear breakout occurs, the target can be extended to 4860.