During the night, gold prices have been repeatedly fluctuating between bullish and bearish forces, and at this moment, the tension has escalated to a highly intense level. The core of the trading strategy remains to focus on the rhythm of buying low during rebounds within the range.
From the information perspective, the US December core inflation data has declined as expected, which directly boosts market expectations for rate cuts. Coupled with the ongoing escalation of the Middle East situation, safe-haven funds have been flowing in wave after wave, causing gold prices to break through new highs for the stage. However, a small caution is necessary—gold prices are already near historical highs, and profit-taking by those holding gains has begun. Additionally, the future actions of the Federal Reserve are still uncertain, and the upward momentum of gold has shown some signs of weakening.
Looking at the technical aspect, the resistance above the 4630 level is quite evident. The 4638-4640 range has been tested multiple times but has not been firmly broken. The 15-minute chart shows a high-level volume contraction pattern, indicating a clear short-term correction signal. However, the overall trend remains bullish; this pullback is essentially a technical correction. The 1-hour MACD has returned to the bullish zone, with increasing red bars, and the DIF and DEA lines are crossing upward and diverging, suggesting that short-term bullish momentum has not fully exhausted.
Operational advice: buy in batches within the 4620-4630 range, with the initial target set at 4640-4665.
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GhostAddressHunter
· 7h ago
The 4630 level is stuck, it looks like it needs to retest before continuing to push.
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SolidityJester
· 7h ago
Buying in the 4620-4630 range still feels reliable. At historical highs, you really need to be cautious and avoid getting caught.
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ZkSnarker
· 8h ago
well technically, the whole "history repeating itself" thing with gold bouncing off resistance... imagine if everyone just stared at the same 4630 level and expected different results lol. the copium about "technical correction" when bags are getting heavy hits different ngl
#Strategy加仓BTC 1.14 Precious Metals Market Commentary
During the night, gold prices have been repeatedly fluctuating between bullish and bearish forces, and at this moment, the tension has escalated to a highly intense level. The core of the trading strategy remains to focus on the rhythm of buying low during rebounds within the range.
From the information perspective, the US December core inflation data has declined as expected, which directly boosts market expectations for rate cuts. Coupled with the ongoing escalation of the Middle East situation, safe-haven funds have been flowing in wave after wave, causing gold prices to break through new highs for the stage. However, a small caution is necessary—gold prices are already near historical highs, and profit-taking by those holding gains has begun. Additionally, the future actions of the Federal Reserve are still uncertain, and the upward momentum of gold has shown some signs of weakening.
Looking at the technical aspect, the resistance above the 4630 level is quite evident. The 4638-4640 range has been tested multiple times but has not been firmly broken. The 15-minute chart shows a high-level volume contraction pattern, indicating a clear short-term correction signal. However, the overall trend remains bullish; this pullback is essentially a technical correction. The 1-hour MACD has returned to the bullish zone, with increasing red bars, and the DIF and DEA lines are crossing upward and diverging, suggesting that short-term bullish momentum has not fully exhausted.
Operational advice: buy in batches within the 4620-4630 range, with the initial target set at 4640-4665.