2026-01-09 02:28:06

Gold yesterday fell to 4407 and then rebounded, supported by the ladder structure formed by moving averages, pushing higher. During this period, it repeatedly broke through key support levels to complete interval lifts.

After retreating from the high of 4480, the short-term moving averages were broken, but this is not a trend reversal signal—it is just a normal short-term technical correction during the mid-term rebound.

The volume performance is quite interesting. During the rebound phase, volume clearly increased, indicating strong bullish willingness to enter the market. When it comes to pullbacks and consolidations, trading volume shrinks again, with limited short-term selling pressure. The bulls haven't exited in large numbers, and the entire market is still waiting.

Before breaking out of this consolidation range, it’s not very wise to aggressively trade the rebound or short the market. The most practical approach is to buy low and sell high for short-term gains.

The trading strategy is as follows: in the range of 4450 to 4460, consider going long. The first target is 4480, then 4500. If the price breaks through, add to long positions. Conversely, if 4480 cannot hold and a divergence signal appears, consider a light short position to test the waters.

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GasFeeTherapist

· 15h ago

Are you entering long positions at 4450-4460? I think it still depends on whether it breaks or holds above 4480. If it gets pushed back again, I'll be laughing.

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MevShadowranger

· 01-09 02:57

Buying high and selling low is indeed reliable, but I'm worried about losing my composure during the volatility.

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BakedCatFanboy

· 01-09 02:55

Buying high and selling low is indeed the way to navigate this kind of volatile market, but I still think 4480 might not hold up.

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CommunityJanitor

· 01-09 02:43

The volume is pretty good, the bulls haven't run away, and this move still depends on whether 4480 can hold steady.

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SnapshotDayLaborer

· 01-09 02:41

The volume indeed indicates the situation; the bulls still have strength. Gold is just accumulating here, don't rush. If 4480 can't be broken, I'll lightly short with a small position; don't be stubborn. The safest strategy is to sell high and buy low; being aggressive can easily backfire. The moving average tiers are well set up, but trading volume is the real gold and silver.

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CryptoSourGrape

· 01-09 02:36

Damn, if I hadn't overslept yesterday and had seen that 4407 wave earlier, I would have already won big... Now that I’ve caught up, I feel a bit scared.

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FudVaccinator