2026-01-05 01:25:43

Gold prices opened as expected, reaching around 4400 at one point. Geopolitical tensions have boosted the market, but whether this rally can continue remains uncertain.

For friends who were caught last week, the market has already extended an olive branch. Those who need to clear their positions should seize the opportunity and not expect better prices. Chasing the rally now is not a solid strategy and could lead to being trapped.

The intraday trading approach is as follows: primarily focus on short positions, and wait for a pullback before looking for opportunities to go long. The specific entry points for long positions depend on the strength of the pullback. Currently, consider shorting near 4395, with a target below at 4340.

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ClassicDumpster

· 01-07 04:27

At this position of 4400, the geopolitical concept has been overhyped, don't follow the trend and chase it anymore, really.

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ForkItAll

· 01-06 02:25

Once again, a geopolitical push causes a rise. Can you believe this logic? I think it's doubtful.

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GhostInTheChain

· 01-05 20:37

Geopolitical speculation is like this; with 4400 already reached, how much more can it go? It's a signal that it's time to cut the leeks.

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CrashHotline

· 01-05 01:55

Last week I was trapped and only realized now, which is a bit late... This wave at 4400 is indeed unstable. I still believe it's better to buy the dip when it drops to 4340.

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consensus_whisperer