#Strategy加仓比特币 1.22 Afternoon Market Record: Gold Tests Bottom and Rebounds, Bullish Sentiment Heats Up

Trading has never been a smooth ride. Short-term pullbacks are just a way to gather strength for another surge higher. Staying true to the trend amid volatility, every patient wait is paving the way for the next high.

During midday, I focused on long positions. Watching gold fluctuate all afternoon, it only broke upward in the evening, reaching a high of 4865. Traders going long earned about 55 USD in profit.

This rebound is driven by several factors stacking up—markets increasingly expect the Federal Reserve to possibly cut interest rates in March, while U.S. initial jobless claims data rose, indicating a softening labor market. Plus, global risk aversion sentiment is rising, prompting funds to flow into gold. All these positive factors together caused gold prices to rebound quickly.

Technically, the support at the 4747 low was solid, with the rebound peaking at 4866, clearly showing strong buying support. After breaking through the short-term resistance at 4850 on the hourly chart, the moving averages also turned upward, indicating that bullish momentum is gradually building.

Strategy-wise, consider buying on dips. You can stagger entries in the 4835-4840 range, aiming for targets at 4888 and 4900.