2025-12-26 18:27:45

GLD Price Action Alert: Fibonacci Resistance Zone Approaching

The ongoing sell pressure on $GLD is now converging toward a critical fibonacci resistance level. This zone represents more than just a statistical marker—it's a battleground that'll likely determine the token's near-term direction.

Here's what we're watching: This resistance has shown up before, and historically it's been a tough nut to crack. We've seen strong rejections at this exact level multiple times, which suggests serious seller interest. But here's the flip side—if $GLD manages to punch through with conviction, the upside could be substantial.

The real risk? This could easily turn into a bull trap. Price might spike above the level momentarily, sucking in late buyers, before rolling over hard. That's happened enough times to warrant caution. Keep tabs on volume confirmation—if the breakout lacks conviction, expect a reversal back down. Position your stops accordingly and stay alert.

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AirdropHunterZhang

· 57m ago

It's another Fibonacci resistance. I bet five dollars this time they'll fake out again and cut the last bag-holder.

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BTCRetirementFund

· 6h ago

It's that Fibonacci again, always talking about it... Can it break this time? Feels like it's going to get smashed again.

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Degentleman

· 6h ago

gld this resistance level is really tough, it keeps getting pushed down every time. If it gets pushed down again this time, I will be truly hopeless.

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SingleForYears

· 6h ago

gld is going to be hammered down again at this point, just like every time. It looks like it's about to break through, but then it turns around and drops.

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hodl_therapist

· 6h ago

gld This wave is about to get stuck at the resistance level again. After watching so many times, I still can't escape the cycle. --- The old trick of bull trap, someone always falls for it every time, hilarious. --- Insufficient volume is just a paper breakout; this is the most critical point. --- Fibonacci is hyped up as miraculous, but in reality, it's just a psychological level. --- Really, wait and see before diving in, don't get crushed down. --- Repeatedly testing the same level, either explode or die, there's no third way. --- Those who entered tonight are all bagholders. I'm standing on the sidelines watching this wave. --- Set your stop-loss before looking at the chart, otherwise it's easy to be driven by emotions.

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FarmHopper

· 6h ago

It's the Fibonacci again, and resistance levels too. I'm tired of this routine. Fake breakouts that deceive traders, the most favorite trap for newbies. Don't even think about volume; this time it's probably another trap to cut the leeks. GLD is really annoying; it likes to play tricks when it rebounds. It drops very quickly, but when it rises, it drags on. I'm truly amazed.

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