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#Solana行情走势解读 1.12 Gold Market Analysis: The Correction and Strong Bullish Pattern Remain, Targeting 4550
Opportunities often favor prepared traders. When the market pulls back, panicked investors choose to cut losses, but if you can see through the trend and position precisely, your composure will be your strongest weapon.
Last week, gold, driven by multiple positive catalysts, broke through the key resistance level of 4500 in one move. After reaching 4517, it faced resistance and pulled back, with the US session testing lows around 4481, then stabilizing and gradually rebounding. The overall movement shows a typical pattern of rising high and pulling back.
Why is gold so strong? The reason is simple—bullish momentum is still intact, and the fundamentals are supportive. December non-farm employment data underperformed expectations, prompting the market to reprice rate cut expectations; coupled with geopolitical uncertainties, safe-haven funds continue to flow into gold. The dominance of the bulls remains unshaken.
From a technical perspective, the daily moving average system maintains a standard bullish arrangement, with a clear upward trend; the weekly chart shows a single bearish candle, which is a common correction pattern in a bullish trend. Various technical indicators remain in strong zones. Next, gold is likely to challenge the historical high of 4550.
What should we watch for next? First, whether the 4500 level can hold; second, the performance of support at 4470-4475; finally, keep an eye on the critical line at 4440-4445.
How to operate? Maintain a primarily long position and buy on dips. History has proven that every correction in gold is a buildup phase for the bulls. Therefore, if the price pulls back to 4470-4475, go long directly; if it drops further to 4445-4450, add positions in batches, with a stop loss at 4440. The initial target is 4505; once broken, aim for 4520. $XAU