GOLD Approaches Key Price Level with Over $14 Million in Liquidated Positions

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GOLD’s price is currently testing $4,352.5, a key support level and the upper boundary of the 90% value area from the past month. Holding above this level could push the price toward $4,472–$4,502, where $3.63 million in short liquidations are clustered. A breakdown below $4,352.5 would target $4,265–$4,230, with further downside risk to $4,082, where $14.26 million in long liquidations are concentrated.

The order flow distribution shows that the current price of Hyperliquid GOLD/USDC perpetual is testing $4,352.5, which represents the upper boundary of the 90% cost zone over the past month and serves as a short-term bullish-bearish divide. - If $4,352.5 holds, monitor the resistance zone above at $4,472–$4,502, where approximately $3.63 million in short positions are at risk of liquidation; - If $4,352.5 breaks down, the immediate support lies at $4,265–$4,230. A further breakdown may push price toward the Point of Control (POC) at $4,082; nearby, the range of $4,071–$4,012 contains approximately $14.26 million in long liquidation positions, concentrating higher risk. Notes: ① Order flow distributions vary across different trading pairs and timeframes. ② The liquidation data above is derived from smart money accounts on Hyperliquid holding more than $1 million in GOLD. This information is for reference only and does not constitute investment advice.

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