#策略性加码BTC January 14th, Wednesday Gold Market Outlook and Trading Strategies
Gold has hit a new high again, and this rally truly is impressive.
Reviewing yesterday’s movement—early in the session, gold prices fluctuated within the narrow range of 4575-4590. In the evening, better-than-expected CPI data provided a boost, pushing gold up to the 4635 level before pulling back. The key support to watch now is at 4560; if it holds, there’s a high probability of further upward movement.
From the candlestick patterns, after consecutive bullish days, a Doji star has appeared, indicating that bullish momentum is gradually weakening. The MACD volume has also diminished, and the KDJ has entered the overbought zone. In the short term, there’s a possibility of a slight correction or pullback in the gold price. There’s no need to chase the high; waiting for a pullback to the support level before entering would be more prudent.
Practical trading advice: Go long within the 4560-4580 range, with the first target set at 4650-4680.
By the way, some are also looking at long opportunities in $BTC.
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GigaBrainAnon
· 01-15 11:54
Once again, gold hits a new high. Can it really hold above 4560 this time? Feels like it's about to be shaken out.
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ApeEscapeArtist
· 01-15 08:39
The fact that gold has hit a new high has been obvious for a while. The key is whether 4560 can hold, which is the real watershed.
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GasFeeCryBaby
· 01-14 13:06
Gold hitting a new high... do we have to wait for a pullback again? Every time it's the same story, and yet it keeps soaring.
BTC's opportunity is even more attractive. I don't understand why there's still hesitation about gold.
If 4560 can't hold, it'll be awkward, and we'll have to change our tune then.
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MEVvictim
· 01-14 00:19
Gold hits a new high again, but it feels a bit hollow, and the KDJ is overbought.
Waiting for 4560 to break before entering is more stable; chasing highs is really not worth it.
BTC is the real king; this wave of gold doesn't seem as attractive anymore.
Can 4560 hold? It feels a bit uncertain.
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AirdropAutomaton
· 01-14 00:19
Gold hits a new high again, but the doji signal is a bit risky. Do you still dare to chase in the overbought zone?
The real drama is with BTC; let gold be played by others.
If 4560 can't hold, just drop directly, don't think about 4650.
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TokenTherapist
· 01-14 00:14
Gold has indeed surged this wave, but I think whether 4560 can hold or not is the key.
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Chasing highs is suicidal; waiting for a pullback is the right approach. Everyone understands this principle.
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KDJ is overbought and you still want to push? Wake up, everyone.
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The target of 4650-4680 feels a bit risky; caution is advisable.
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The appearance of a doji star indicates diminishing bullish momentum; a wave of consolidation seems likely.
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Instead of focusing on gold, I'm more interested in this wave of BTC.
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Some people still chase after the high despite being told not to, truly incredible.
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Wait for support levels before taking action; don't let emotions lead to reckless trading.
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FUDwatcher
· 01-14 00:10
The gold new high this wave feels a bit fake. The doji star shows diminishing momentum, which is a signal of a pullback... I can only dare to follow after holding above 4560.
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MissedAirdropAgain
· 01-14 00:00
Gold hitting a new high is indeed attractive, but that doji star looks a bit uncertain to me, feeling like a pullback might happen.
Chasing highs is risky; it's safer to wait until 4560 holds before jumping in.
BTC is also surging higher; both of these are a bit crazy, gotta control the risk.
The 4650 target still looks promising; keep an eye on the support levels.
#策略性加码BTC January 14th, Wednesday Gold Market Outlook and Trading Strategies
Gold has hit a new high again, and this rally truly is impressive.
Reviewing yesterday’s movement—early in the session, gold prices fluctuated within the narrow range of 4575-4590. In the evening, better-than-expected CPI data provided a boost, pushing gold up to the 4635 level before pulling back. The key support to watch now is at 4560; if it holds, there’s a high probability of further upward movement.
From the candlestick patterns, after consecutive bullish days, a Doji star has appeared, indicating that bullish momentum is gradually weakening. The MACD volume has also diminished, and the KDJ has entered the overbought zone. In the short term, there’s a possibility of a slight correction or pullback in the gold price. There’s no need to chase the high; waiting for a pullback to the support level before entering would be more prudent.
Practical trading advice:
Go long within the 4560-4580 range, with the first target set at 4650-4680.
By the way, some are also looking at long opportunities in $BTC.