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#美国消费者物价指数发布在即 【January 14 Gold and Silver Price Analysis】
After the CPI data was released, gold surged straight up to 4634, but the momentum weakened afterward, and in the second half of the US session, it pulled back to 4586. This situation is quite common—once the data-driven boost fades, bulls take profits and run, while the main players use the opportunity to shake out the market; there's no need to panic.
Looking at the 4-hour chart, gold is currently consolidating at high levels. The downward momentum isn't strong, and the 4560-4570 support level has held firmly. After sufficient correction, the probability of a move upward remains higher, so patience is key until the correction is complete.
Zooming in on the 1-hour chart, gold prices are bouncing within the 4580-4600 range—this is both the previous tug-of-war zone between bulls and bears and a defensive line for the bulls. Yesterday's close was at 4586, and the support below is still solid, with no signs of bears breaking down the support. This suggests that today’s opening is likely to first recover some ground rather than dropping sharply.
In simple terms: **As long as 4580 holds, stay confident in going long**.
【1.14 Trading Plan】
**Gold**: Buy within the 4575-4580 range, set a stop at 4565, target 4640-4650
**Silver**: Buy within the 85.5-86 range, set a stop at 85.0, target up to 90