2026-01-05 02:20:39

Weekend sudden events triggered market risk aversion, and gold responded immediately by showing its true nature—gapping higher on Monday with a clear bullish stance. However, upon closer inspection, this rally is not just driven by news.

From a technical perspective, last week the price spent considerable time around the 4273 level, and a bottom structure gradually took shape. The head and shoulders bottom pattern on the 1-hour chart has basically completed, and the right shoulder has accelerated through recent news-driven momentum. This resonance between technicals and sentiment often indicates that a larger trend is coming.

The news hype will gradually fade, but the technical break is real. The current trading strategy is as follows: consider going long around 4380, with a stop-loss at 4365. If the breakout is successful, initially target 4430, and if strength continues, aim for 4450. In this early-year market, rhythm is very important. Staying in sync with the pace could lead to a strong start ahead.

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MoonBoi42

· 01-05 20:58

Head and shoulders bottom + message resonance, this combination indeed tends to trigger a major move. The key is whether the break can hold above 4380.

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GweiWatcher

· 01-05 02:50

The technical breakdown looks comfortable to me. Entering long at 4380 is no problem; I'm just worried it might be another false breakout.

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GovernancePretender

· 01-05 02:47

Getting tired of the head and shoulders bottom breakout routine. Every time they say a big trend is coming, but what happens? Entered long at 4380 and got cut, don’t forget that last time at 4273, they said the same thing.

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AlgoAlchemist

· 01-05 02:45

The head and shoulders bottom breakdown is reliable; the key is to hold above 4365, otherwise it's all for nothing.

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DegenWhisperer

· 01-05 02:45

The head and shoulders bottom has formed. This wave is indeed not just about sentiment; a technical breakdown is the real deal. Follow the 4380 level, defend at 4365. If it goes up, aim straight for 4450. Just keep the rhythm in check.

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