2026-01-09 05:31:29

Gold did not continue its rally in the early trading session yesterday. After encountering resistance at 4484, the price quickly broke through the 4475 support/resistance line, dropping to a low of 4452.93, and is now fluctuating around 4463. Capital sentiment is clearly cautious, making large buy or sell orders difficult to execute.

The logic behind this decline is quite clear: firstly, profit-taking at the 4484 level is surging, and losing the 4475 level directly undermines bullish confidence; secondly, the non-farm payroll report has not been released yet, and institutions are watching, unwilling to take sides prematurely; additionally, the US stock market performed strongly today, risk sentiment is rising, and the appeal of safe-haven funds has naturally decreased.

From a technical perspective, before the non-farm payroll data is released, gold prices are likely to be trapped within the 4440 to 4475 range. If trading continues this afternoon, it is safer to short around 4475-4465, with a stop-loss set above 4480. The first target is 4435, and if the support breaks, look further down to 4400. The key point is, do not skimp on stop-losses.

(This is only market analysis and observation, and does not constitute any investment advice)

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FallingLeaf

· 01-09 06:14

Pre-NFP is usually a false alarm; it's better to wait patiently for the data to be released.

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BackrowObserver

· 01-09 06:01

Dropped again, no one dares to take the bait this time When the US stock market is thriving, gold has to kneel; safe-haven funds are also a reality Non-farm payrolls haven't been released yet, institutions are all dozing off, no wonder it's so quiet Once 4475 is broken, you'll know the bulls are out of the game... try testing the waters at 4435 But on the other hand, setting the stop-loss level carefully is wise; don't save money only to get chopped up last minute

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DYORMaster

· 01-09 05:57

Another sleepless night waiting for the non-farm payrolls, this wave of gold really feels stifling. Institutions are not moving, and retail investors have even less room to play. Breaking 4475 would be the end; right now, it's just a gamble on the non-farm payrolls. If I dared to chase 4400, I would be impressed; the risk is too high and not worth it. This market movement has made me doubt my own judgment.

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FlashLoanPhantom

· 01-09 05:56

It's another manipulation night before the non-farm payrolls; institutions just love to mess with retail investors like this.

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PumpAnalyst

· 01-09 05:53

Here we go again, 4475 didn't hold, is it really going to drop to 4400 this time? Honestly, I'm a bit anxious watching this trend. Stop-loss is a must, brother, or you'll just get cut. The strong US stocks are indeed annoying, safe-haven funds have all moved out, let's wait for the non-farm payrolls.

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bridge_anxiety

· 01-09 05:34

On the eve of non-farm payrolls, gold is just so timid, hilarious. Once it breaks 4475, all confidence is gone.

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