#2026年比特币行情展望 【Gold Market Observation】January 7 Morning Analysis

Talking with charts: On the 1-hour chart, gold has risen from the low of 4326 on January 5. This rally has been very strong, with hardly any significant pullbacks in between, and the bulls have been continuously gaining momentum. It’s approaching today’s new high, and so far, no signs of resistance have been seen.

The KDJ indicator is already in overbought territory. Theoretically, there is a need for a short-term technical correction. However, the death cross has not appeared yet, indicating that the bullish momentum is still intact — at least for now, the overall trend remains complete.

Trading ideas:

Long position perspective: If the price pulls back to around 4475-4485, consider entering a long. The first target above is 4495; if broken, keep an eye on 4510.

Short position perspective: Currently, the bulls are so strong that it’s not recommended to go against the trend and short. Unless the price reaches near 4510 and shows a divergence — at that point, you can try a small short position, with a target pullback to 4490.

In summary, the bulls are in the lead; be patient and wait for a reversal signal at higher levels.