Recently, there have been some interesting changes in gold prices. The 30-minute trading volume suddenly surged by 79.6%, this kind of volume anomaly often indicates that market participants are becoming more active, which may signal that the trend is about to start.



Currently, the gold quote is at 4860.49 USDT. From a technical perspective, the key support on the 1-hour basis is around 4835.39, only 0.57% away from the current price, which is quite close. There is also a deeper support zone below at 4661.54 to 4669.

From a trading standpoint, since the volume has significantly increased and the price is hovering near a critical support level, many traders might consider placing long orders around the 4835.39 line. After all, a sharp increase in trading volume usually indicates that a certain direction is about to be established, so paying attention to the subsequent movement of gold becomes very important.
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gas_fee_therapistvip
· 10h ago
79.6% surge in trading volume, sounds exciting, but I feel like this is just the usual pattern before each market rally. Whether this wave of gold can truly break through depends on the subsequent support and momentum.
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PerennialLeekvip
· 10h ago
I'm tired of the phrase "volume explosion," every time they say it, but where are the results? --- Damn, 4835 is support again? Last time support broke, wasn't it the same story? --- Wait, only a 79.6% increase in trading volume, and you're excited? That doesn't seem right to me. --- Long positions? I wouldn't dare buy in at this level; it feels like a trap. --- Is gold about to cause trouble again? My stop-loss is ready. --- This technical analysis looks quite professional, but it feels like something's missing. --- Breakdowns happen, so what? Don't mourn it; paying attention to the downside is the real strategy. --- I can believe a 79.6% volume increase, but what about afterward? Is there follow-up? --- Do you really believe in support lines? The market just doesn't listen. --- Most people entering longs now are probably going to get hurt.
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GweiWatchervip
· 10h ago
79.6% trading volume surge, this wave is something else --- Is it another support level for bottom fishing? Feels like I've heard this narrative too many times --- Gold is just gold, insisting on acting like it's about to take off --- Increasing trading volume isn't necessarily a good thing; I've seen plenty of rebound crashes --- Can the 4835 line really hold? I have my doubts --- Instead of obsessing over support levels, better to see what the Federal Reserve is up to lately --- Every time, abnormal trading volume signals market initiation; it's happened several times --- This kind of analysis feels like it's missing something... just lacks the perspective of the big picture --- 0.57% space, are you asking me to go all-in? --- Gold has risen? Or is the crypto world starting to look for alternatives again
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EntryPositionAnalystvip
· 10h ago
79.6% increase in trading volume, this move is indeed interesting, but bro, don't tell me it's another false breakout.
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DataOnlookervip
· 11h ago
Once again, there is a volume anomaly. Can this break through this time? It feels like support is being repeatedly confirmed. --- A 79.6% surge. I wonder if institutions are quietly accumulating or if another wave of retail investors is about to be squeezed out. --- With support at 4835 so close, I think the bulls are already itching to move. --- Is gold really about to take off this time, or is it just a trap? Let's see the next few candlesticks. --- The trading volume is expanding so much; it seems like a wave is coming. However, risk still needs to be managed. --- Support is so tight, it's a bit dangerous. I'm worried that a gap could cause a sharp drop.
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GateUser-a180694bvip
· 11h ago
79.6% of the trading volume, this move is really happening --- Jumping all in when approaching the support line, I really can't guarantee if I can catch the bottom this time --- Gold is again playing these technical tricks, it just annoys me to watch --- It feels like the increased trading volume is just market makers cutting leeks, better to be cautious --- The line at 4835 is indeed critical, but I think it will break directly --- Here we go again, talking about volume activation, but last time it didn't move either --- The easiest time to miss out is now, better to wait for confirmation before entering
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