Wrapping up the session with a quick market check on gold futures. The question on everyone's mind: will gold close out the year above $4,500? My take—it's unlikely. That price level feels ambitious given current market conditions, and the odds don't really favor a push to that mark in the remaining timeframe. Staying level-headed as we head into tomorrow's session, keeping close watch on how things develop across the broader commodity space.
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LayerZeroHero
· 13h ago
It has proven that the psychological price level of $4500 is indeed overly optimistic. I have tested nearly three months of trading data, and liquidity pressure and macro constraints have basically blocked the possibility of this rally. The market structure is there, but the technicals cannot confirm it.
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Lonely_Validator
· 13h ago
4500 is really too optimistic; the market simply doesn't have the energy to push up that high.
Wrapping up the session with a quick market check on gold futures. The question on everyone's mind: will gold close out the year above $4,500? My take—it's unlikely. That price level feels ambitious given current market conditions, and the odds don't really favor a push to that mark in the remaining timeframe. Staying level-headed as we head into tomorrow's session, keeping close watch on how things develop across the broader commodity space.