#Strategy加仓BTC January 15 Gold Market Outlook | Technical Battles and Short-term Opportunities
Good morning everyone, I am Sister Wen. Last night, the short position layout around 4640 was perfectly hit, and gold prices experienced a correction during the night. After rebounding to 4642 without a volume breakthrough, it then retraced to around 4625 to stabilize.
Looking at the technical aspect, during the pullback from 4642, the gold price consistently held above the previous bullish support levels, indicating that the bears do not have strong momentum. Currently, the 4620–4625 range has become the focus of a short-term tug-of-war. As long as this 4620 level is not broken, the overall trend remains within a correction after an upward move.
Operational suggestions to consider: If the price stabilizes around 4600, consider gradually adding long positions, with a stop-loss set below 4590 for safety. The short-term target is first at 4640; if broken, then look for resistance at 4650. $XAU $PAXG $BTC is also worth monitoring.
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#Strategy加仓BTC
January 15 Gold Market Outlook | Technical Battles and Short-term Opportunities
Good morning everyone, I am Sister Wen. Last night, the short position layout around 4640 was perfectly hit, and gold prices experienced a correction during the night. After rebounding to 4642 without a volume breakthrough, it then retraced to around 4625 to stabilize.
Looking at the technical aspect, during the pullback from 4642, the gold price consistently held above the previous bullish support levels, indicating that the bears do not have strong momentum. Currently, the 4620–4625 range has become the focus of a short-term tug-of-war. As long as this 4620 level is not broken, the overall trend remains within a correction after an upward move.
Operational suggestions to consider:
If the price stabilizes around 4600, consider gradually adding long positions, with a stop-loss set below 4590 for safety. The short-term target is first at 4640; if broken, then look for resistance at 4650. $XAU $PAXG $BTC is also worth monitoring.