2026-01-15 00:00:32

January 15th Gold Market Technical Analysis and Trading Ideas

Good morning everyone! I am Jingwen. The short position I set up near 4640 last night was perfectly closed for profit. Gold experienced a technical rebound late at night, with the highest rally reaching 4642 before encountering resistance. Subsequently, lacking follow-through momentum, it retreated to the 4625 level and stabilized.

From the chart structure, after falling from the high of 4642, the gold price did not break through the key support level of the previous bullish trend, indicating that selling pressure is relatively limited. The current 4620–4625 range has evolved into a short-term tug-of-war zone. As long as this 4620 level is not effectively broken, the overall pattern remains a consolidation after an upward move.

Jingwen's strategy:
Once the price stabilizes around 4600, consider adding to long positions in batches, with a stop-loss set below 4590. The short-term target is locked at 4640, and if broken, look further towards 4650. #美国消费者物价指数发布在即 $XAU $BTC

PAXG-0,97%

BTC-2,01%

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MEVictim

· 01-17 19:26

Is the 4620 line really that important? It feels like every time it's called a support level, but it still ends up breaking through.

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FlyingLeek

· 01-16 16:31

Another perfect take profit. Why am I not as accurate? Luckily, you gave an early warning, or I would have been trapped again.

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SelfStaking

· 01-16 05:06

The short position was perfectly closed with profit, this technique is indeed reliable.

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AirdropJunkie

· 01-15 00:29

A perfect take-profit on a short position is really satisfying, but I always feel like the 4620 level is either going to break or bounce back. The tug-of-war in between is too uncomfortable.

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LiquidityNinja

· 01-15 00:24

Another perfect take-profit wave, the 4640 level is indeed quite a strong resistance.

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GamefiEscapeArtist

· 01-15 00:19

Jingwen, this wave of profit-taking is indeed impressive, but I still think the 4620 level is a bit risky. Let's wait until the CPI is released before making any decisions.

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QuorumVoter

· 01-15 00:03

Short position perfectly closed with profit, this move is indeed excellent, we must hold the 4620 level.

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