#MSCI未来或纳入数字资产财库企业 1.14 Gold Market Evening Observation

After nightfall, the bullish and bearish forces in gold are engaged in intense confrontation. The main strategy is to defend the range and look for a pullback to buy on dips.

The news sentiment shows a clear tug-of-war. The US December core inflation data weakened as expected, reinforcing market confidence in a rate cut within the year. Meanwhile, the ongoing deterioration of Middle East tensions and the influx of safe-haven funds have pushed gold prices through recent highs. However, there are concerns—gold has already reached historical highs, and the short-term profit-taking pressure is rapidly building. Additionally, the Federal Reserve's future policy remains uncertain, and the momentum of the rally is clearly waning.

Looking at the chart, the area above 4630 is a clear resistance zone. The critical band between 4638-4640 has been tested multiple times without a successful breakout. The 15-minute chart shows a high-level volume-contraction oscillation pattern, indicating a short-term correction signal is quite clear. But the overall trend remains bullish; this pullback is merely a technical correction. On the 1-hour K-line, the MACD has re-entered the bullish zone, with the red histogram continuing to expand, and the DIF and DEA lines crossing upward and diverging, suggesting short-term bullish momentum still exists.

Trading ideas:

Positions can be considered around 4620-4630, with targets at 4640-4665.

Gold Trading Strategy Technical Analysis