2026-01-07 02:25:55

Yesterday's market gave us a good rebound signal—the gold price closed with a solid bullish candlestick, indicating that short-term bullish momentum is indeed being released. However, the MACD has not yet officially given a golden cross signal, which suggests that the trend reversal still requires some patience, and we should remain cautious of a pullback risk. Pay special attention to the performance of the MA5 moving average; once it is broken below, we need to be psychologically prepared for further adjustments.

From the 4-hour chart, after multiple tests, gold finally experienced a strong rebound this week. The MACD indicator has now formed a golden cross and successfully crossed above the zero line, confirming the establishment of a short-term bullish pattern. But there is a problem—after breaking out of the previous consolidation zone, the price has now reached the critical resistance zone of 4495-4500. This area has a particularly high concentration of buying and selling pressure, so caution is needed if the rebound faces resistance.

Trading suggestions: Short positions can be taken lightly around 4500-4510, with targets around 4430-4450; long positions can be arranged at the lower levels of 4415-4410, with the upside target also aiming at 4435-4450. Timing is very important—don't be too greedy.

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BearMarketMonk

· 01-09 23:54

The 4500 level is indeed a bit tough; I still prefer to wait for the MACD to fully confirm before taking action.

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ApeDegen

· 01-07 02:56

It's the same old trick again, holding tightly at 4500. If it can't break through, it will have to pull back. Let's stay respectful and cautious.

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GovernancePretender

· 01-07 02:50

It's the same old story, if MA5 breaks below, it's over. But when it comes to critical moments, who dares to take the hit?

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just_another_wallet

· 01-07 02:45

Gold price this wave of rebound is a bit interesting, but it still depends on whether MACD can give support; currently, it's a bit uncertain. Once MA5 breaks, it might fall back again, so be cautious. The 4500 level is a significant resistance; both bulls and bears need to be careful. Trying short positions with a small amount targeting 4430 could be worth a shot, but don't be too greedy. Buying at low levels is also okay, just worried that the rebound might be weak and get stuck at resistance, unable to move. Timing is indeed key; the right moment must be grasped well. The 4495-4500 zone looks too risky, like a trap. Long positions around 4410 seem to have a decent risk-reward ratio; it all depends on whether it can break through.

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