Yesterday, gold performed a complete wave—rising to 4500.54 and encountering resistance, then deep retracing to 4423.53, and finally pulling back to close at 4455.67. Although it seemed like intense volatility, it was actually the main force "clearing out floating positions." The short-term fluctuation in US Treasury yields caused some disturbance, but there were no fundamental negative news; it was purely a technical shakeout pattern.
What’s the key? Yesterday’s V-shaped rebound indicates the direction is still upward. Those weak long positions were shaken out, and the price gradually climbed back, which is a signal.
Today’s morning trading strategy is quite clear. As long as the price does not break below the 4423 low, consider buying on dips around 4450, with an initial target of 4470. If the price stalls near 4500, try a small short position to profit from the short-term difference and then exit. The overall logic is simple—follow the main trend to go long, and don’t be scared by fake shakeouts.
Specific trading suggestions:
**Long Position Plan** Buy on dips in the 4440-4455 range, with stop-loss at 4423, aiming first for 4470-4490. If it breaks through 4500 and continues upward, chase the new high at 4550.
**Short Position Plan** If resistance appears in the 4490-4500 range, consider shorting with a stop-loss at 4505, targeting 4475-4470.
Market fluctuations during the day will vary; adjust your entry timing according to real-time trends. Most importantly, strictly adhere to stop-loss rules. Market conditions change rapidly, and risk control always comes first.
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GasBandit
· 01-10 10:40
It's the same old manipulation again. I just want to see if 4423 can hold.
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SchrodingerWallet
· 01-09 22:27
It's the same manipulation pattern again, the old trick. To put it simply, it's the main force accumulating shares.
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HashRateHermit
· 01-08 19:54
It's the same old manipulation trick again, the same old routine. Let's see if it can truly break through 4500.
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SchrodingerAirdrop
· 01-07 23:45
Is it time for another shakeout? Same old tricks, still the same routine.
A V-shaped rebound, just go long. I'm watching.
Is it really attractive to buy low at 4450? Or will it drop again?
The main force's tactics are getting tired.
The position from yesterday is still losing, and now you're continuing? That's heartbreaking.
Stop-loss is set at 4423, I'm scared now.
Quick profit from short-term trades and then exit—that mindset I can't adopt.
I believe in the upward trend, but I'm just afraid I might be wrong.
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GhostAddressHunter
· 01-07 23:41
It's the same old washout tactic, I've seen through it.
The V-shaped rebound is so obvious; the floating positions should have been cleared long ago.
I'm a bit tempted to buy the dip at 4450, but I need to watch the US bond movements; otherwise, it's easy to get caught.
The main players really know how to play; that move yesterday directly stopped me out, so frustrating.
Whether to go long or short, the safest logic is always to follow it, but execution always leads to pitfalls.
Is 4500 really an iron ceiling, or will it continue to break upward?
Short-term gains are tempting, but the risks are high; it's more reliable to hold onto long positions.
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UnluckyLemur
· 01-07 23:39
Here comes the manipulation again; the main force's tactics are really terrible.
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StakoorNeverSleeps
· 01-07 23:39
It's the same old washout routine again and again, truly impressive.
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GasFeeNightmare
· 01-07 23:31
It's another wash trading tactic. I should have recognized it when I was monitoring the market late at night, but unfortunately, I got scared and backed out again.
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AirdropNinja
· 01-07 23:31
It's the same old washout tactic again, really hard to defend against.
The V-shaped rebound looks quite strong this time, but I'm just worried it might be a false breakout.
4423 must hold, or else we'll have to start over.
That last wave yesterday was really intense, almost wiped out.
Stop-loss is the most important, how many times have I said that...
It feels like the 4500 level is a real hurdle; if we can't break through, it'll pull back.
There's nothing wrong with the trend, but it's easy to get shaken out emotionally.
The bulls still seem to be in the lead, short-term bullish.
This trading logic is okay, just depends on how the market moves during the day.
The US debt situation really can't produce any negative news; it's just a technical matter.
Morning Gold Market Watch is here.
Yesterday, gold performed a complete wave—rising to 4500.54 and encountering resistance, then deep retracing to 4423.53, and finally pulling back to close at 4455.67. Although it seemed like intense volatility, it was actually the main force "clearing out floating positions." The short-term fluctuation in US Treasury yields caused some disturbance, but there were no fundamental negative news; it was purely a technical shakeout pattern.
What’s the key? Yesterday’s V-shaped rebound indicates the direction is still upward. Those weak long positions were shaken out, and the price gradually climbed back, which is a signal.
Today’s morning trading strategy is quite clear. As long as the price does not break below the 4423 low, consider buying on dips around 4450, with an initial target of 4470. If the price stalls near 4500, try a small short position to profit from the short-term difference and then exit. The overall logic is simple—follow the main trend to go long, and don’t be scared by fake shakeouts.
Specific trading suggestions:
**Long Position Plan**
Buy on dips in the 4440-4455 range, with stop-loss at 4423, aiming first for 4470-4490. If it breaks through 4500 and continues upward, chase the new high at 4550.
**Short Position Plan**
If resistance appears in the 4490-4500 range, consider shorting with a stop-loss at 4505, targeting 4475-4470.
Market fluctuations during the day will vary; adjust your entry timing according to real-time trends. Most importantly, strictly adhere to stop-loss rules. Market conditions change rapidly, and risk control always comes first.