Gold bulls and bears clash at a critical juncture, with initial signs of a rebound



Trading is like running a marathon — speed isn't everything; the final result counts. You need to learn to wait for your own rhythm. Stay steady when others are anxious, hold firm when others panic, and over time, you can carve out your own path in the market.

**Market news has been interesting these days**

The Federal Reserve's moves are crucial. Recently, the market was still betting on a rate cut in March, but after the latest US economic data came out, the sentiment shifted. The employment market remains tight, and inflation hasn't eased quickly, so the betting on rate cuts has reignited. This has become the main driver of recent gold volatility.

On the other hand, geopolitical tensions haven't eased. The situation in the Red Sea is becoming more tense, with frequent attacks on ships, and the Middle East issues remain unresolved. This instability directly boosts safe-haven demand for gold and also limits the scope for a pullback.

Regulatory actions are also affecting market sentiment. Relevant authorities issued risk control notices, requiring firms to prepare contingency plans, indicating that these fluctuations have attracted serious attention. Market sentiment has been somewhat suppressed.

**Technical outlook**

The upper Bollinger Band has flattened, while the lower band shows signs of moving upward. In the short term, the market remains volatile, but downward movement is limited.

Looking downward, the 4570 level is very important — it has been repeatedly tested recently, with strong buying support, serving as a solid floor. Upward, the 4610 to 4630 range has seen concentrated trading, acting as a major resistance zone.

**Morning trading strategies**

For long positions, consider entering in batches within the 4570-4580 range, with a stop-loss below 4560. Target the 4600-4620 zone first. If the price breaks above 4620, then look further to 4630-4640.

For short positions, wait for a rebound to the 4610-4630 range. If the price faces resistance, try a light short position, with a stop-loss above 4640, and target 4600-4590.
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StrawberryIcevip
· 01-13 23:52
4570 this level is indeed interesting; the aggressive buying momentum indicates a strong bottom consensus. The initial signs of a rebound are emerging, but don't rush; geopolitical tensions are still ongoing, and the risk aversion demand cannot be withdrawn in the short term. The Fed's recent data reversal has confused the market a bit, and the timing of rate cuts remains a suspense. The Bollinger Bands are moving sideways—it's like grinding the bottom; in the short term, we need to keep an eye on these key points. I think the sentence in the comments is correct: following your own rhythm is more important than anything else. In the oscillation range, 4600-4620 should be the focus; if it can't break through, we need to wait a bit longer.
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TopBuyerBottomSellervip
· 01-13 23:49
The 4570 level is really tough; I believe the rebound can break through 4620. --- Starting to call for rate cuts again, gold might surge at any moment. --- As long as the geopolitical situation remains unstable, gold needs protection. --- When the Bollinger Bands flatten out, it’s actually an opportunity, I think. --- The more chaotic the Red Sea area gets, the more I favor safe-haven assets. --- With such obvious resistance at 4630, short-term shorts should be cautious. --- It's better to wait for the 4570 support to be confirmed before entering a position safely. --- The Federal Reserve's recent indecisiveness suggests gold is about to surge.
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shadowy_supercodervip
· 01-13 23:48
4570 is a tough level, to be honest, it keeps bouncing back, and the buying pressure is indeed strong. 4600-4620 feels like it could push for another wave, but we need to wait until the trend stabilizes. Once the Fed releases data, everything changes. It’s a bit annoying. Gold is currently holding up mainly due to safe-haven demand.
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SerumSquirrelvip
· 01-13 23:48
Gold is like this, you can't rush it. The 4570 level is indeed a good entry point, and I am also waiting for a rebound to short.
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