#战略性加仓BTC December 30 Gold Price Review: Is it a Bottoming Consolidation or a Reversal Signal?

In the afternoon, precisely bottomed out at the 4350 level, earning 41 USD in one go. The lows were very comfortable to step on, which is the reward of patience. Speaking of the logic behind the rising gold prices, the ongoing escalation of Middle East tensions combined with geopolitical risk warnings have led to continuous inflows of safe-haven funds; plus, the long-term weakness of the US dollar has formed a natural support for gold.

By the European session, gold finally courageously broke through the 4380 barrier. Once broken, this level immediately became a new support line. As long as it holds steady, the reversal signal becomes clear. The biggest risk in trading is chasing highs and selling lows. Maintaining a calm mindset, sticking to the rhythm, and being patient and composed are key to profiting from volatility.

Next, focus on these points: whether 4380 can hold is critical. If it does, then aim at the resistance zone of 4400-4420; if this zone cannot withstand the pressure, we can consider shorting within the range of 4380-4388 to catch a short-term correction. $XAU Market conditions change rapidly, and good risk management is the long-term approach.