2026-01-05 02:26:57

Gold in London today slightly rose around 4400, with a gain of about 0.5%. The US dollar index held steady at 98.4, preventing gold from being pressured further, and short-term support remains relatively solid. The macro signals are indeed positive—US November CPI year-over-year dropped to 2.7%, which is quite moderate. Although there are some disagreements within the Federal Reserve, the overall stance leans towards easing; coupled with escalating US-China tensions and rising tensions in Iran, safe-haven funds have been continuously flowing in.

From a technical perspective, gold prices are still oscillating within the 4360 to 4420 range. The lower boundary at 4360 is supported by overlapping moving averages, providing strong support; the upper boundary at 4420 faces two layers of resistance, making it tough to break through. More conservative traders might wait for a genuine breakout above 4420, then pull back before entering, or look for stabilization signals around 4360 to add long positions. Bold traders can cautiously attempt to go long between 4380 and 4400, but be sure to set stop-loss orders below 4360.

At the opening of the session, prices immediately surged upward, showing strong bullish momentum. The key factor now is to watch when the European session begins and whether trading volume can keep up—if the price breaks through 4420 convincingly, it will likely head straight to 4448, with a chance to reach 4500. Conversely, if it falls below 4360, caution is needed for potential pullback. It’s important to remember that sudden geopolitical news or unusual dollar fluctuations can disrupt this rhythm at any time, so never neglect to set stop-loss orders.

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StealthDeployer

· 01-07 12:41

Once again, it's that 4420 hurdle. I'm already tired of it. --- The bullish momentum... Can the European session be strong enough? --- The escalation of geopolitical tensions is the real positive factor; the safe-haven demand has been ongoing. --- Breaking 4360 is not possible, that's the real support. Don't mess around. --- Stop-loss is really the most important; don't be greedy, take profits when it's good. --- With CPI so low, a Fed easing is a certainty, and gold will continue to rise. --- Test the 4380-4400 range; feels like a good chance to make a move. --- The European session is the key; placing orders now is still too early.

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DataOnlooker

· 01-06 05:14

If 4420 can't be broken, it won't go up. Still need to wait for the European session to observe the volume.

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DataPickledFish

· 01-05 02:57

If 4420 can't break through, it's still a sideways market, don't get too excited.

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GateUser-26d7f434

· 01-05 02:57

The pressure at the 4420 level has really been held up, but the momentum in the early trading session still looks a bit fierce. --- CPI has fallen back to 2.7, and the Federal Reserve's easing expectations are well-prepared, no wonder safe-haven buying is so resolute. --- I'm just worried about sudden geopolitical news; a single piece of news could send gold directly from 4380 to 4500, or instantly drop it to 4300. --- I'm still holding onto the 4360 line; if it breaks, I'll run. I don't want to get caught. --- If the volume during the European session doesn't pick up, this breakout might just be a false alarm. Although 4420 looks easy, it's actually hard to break. --- The escalation of US-China conflicts is truly bullish, but don't take the dollar lightly either. Let's see if 98.4 can hold for a few days.

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OnchainArchaeologist

· 01-05 02:54

If 4420 can't be broken, you'll really have to wait. The current bullish momentum is strong but easily shattered.

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SchrödingersNode

· 01-05 02:52

It's that devilish zone again between 4360-4420, feels like gold is dancing Stop-loss really can't be lazy about; last time it was because I didn't set a proper stop-loss and got caught off guard Holding the dollar at 98.4 is indeed good, but the geopolitical risks are always a ticking time bomb, so we need to stay cautious

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ProbablyNothing

· 01-05 02:51

Only after breaking through 4420 do I dare to follow; otherwise, it's a life of being cut.

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HodlTheDoor

· 01-05 02:46

European market volume is the key; don't be fooled by the false highs in the early session. --- Breaking 4420 is pointless; wait for a pullback confirmation before entering. --- The recent geopolitical tensions are truly a safe haven, just watch the dollar not to interfere. --- I've been burned by stop-losses before; now I strictly follow them every time. --- Is the bullish momentum enough? Wake up, the breakout of the range is still far away. --- The Fed's easing expectations are real, but CPI data is just average. --- Enter at 4380 and take a chance, but your stop must be below 4360. --- The escalation of the Iran situation is truly a boon for gold, with safe haven funds flowing continuously. --- Let's see if the European session can provide some volume; otherwise, this rally might be just a flash in the pan. --- Before hitting 4500, first digest the 4420 hurdle; don't overthink it.

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