The interesting thing about the gold market in recent days is that—geopolitical conflicts combined with central banks' continued gold purchases—these two factors have kept gold prices supported. However, hawkish comments from the Federal Reserve occasionally cause some turbulence, leading to short-term fluctuations. But from a daily chart perspective, the bullish pattern hasn't really been broken.



On the technical side, the $4420 level is very important; holding this level means there is still room for upward movement. Resistance levels are at 4481 and 4500, which are also recent areas of high trading volume.

In terms of trading strategy, you can consider taking long positions around 4400-4440, with a stop-loss below 4390, and targets set at 4480-4530. If the price breaks above 4530, you can follow the trend to add to longs. But if it drops below 4400, you should step back and wait for a rebound to around 4420 before considering adding short positions.

Basically, the current approach is to go long near support levels, manage risk carefully, and let the market's rhythm guide your trading decisions. The logic for silver is similar; geopolitical premiums are at play, but it still depends on how the US dollar index and actual risk appetite evolve.
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MoneyBurnervip
· 01-11 04:28
I've had my eye on this key level 4420 for a long time, and the geopolitical premium has been a great profit... I'm just worried that the hawkish stance might suddenly say something, directly pushing it down to 4390, which would really be a huge loss.
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SelfStakingvip
· 01-11 00:11
You need to hold the 4420 level; otherwise, the bullish trend will be in jeopardy. The hawkish group is really getting on everyone's nerves. The central bank is still aggressively buying the dip, and geopolitical tensions haven't eased, but gold prices are still being held up. This round of momentum is just playing along the support levels—break it and run, rebound and go higher, simple and straightforward. It's the hardest when the Federal Reserve turns hawkish, with huge volatility, but our bullish outlook hasn't been overturned, and that's enough. This range between 4480-4530 must be eaten up; just waiting for a rebound opportunity.
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WagmiOrRektvip
· 01-10 19:03
The central bank's move to buy gold is really aggressive, effectively suppressing the decline. However, we should be cautious of the Federal Reserve's rhetoric. The 4420 level must be defended; otherwise, there could be a short-term downturn. Positioning around the 4400 level is quite reasonable, but it depends on the dollar index's performance. The rebound driven by geopolitical premium needs to be observed to see how long it can last. Only after breaking 4530 would it be safe to chase; otherwise, wait for a pullback. This market trend is a tug-of-war between the central bank and the Federal Reserve. When risk appetite loosens, problems tend to arise easily. Silver follows gold but is more influenced by the dollar's movement. Support at 4420, chase after breaking 4530—simple and straightforward is the most stable approach. The central bank continues to accumulate, so there's no need to be too pessimistic. With so many statements from the Federal Reserve, who really has the final say? It still depends on the data.
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GasFeeCrybabyvip
· 01-09 00:54
The geopolitical premium this time is really strong. The central bank keeps buying to support the market, but we're just worried that a single statement from the Federal Reserve could shake the entire market again.
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retroactive_airdropvip
· 01-09 00:54
If you can't hold 4420, you have to run. The geopolitical advantages won't last long.
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BridgeJumpervip
· 01-09 00:51
Central banks are really die-hard fans of gold. The more intense the geopolitical fire, the more aggressively they buy. It's a bit extreme. Actually, it's all about the 4420 level. Whether it breaks or not is the watershed. Whether the bulls are still alive or not depends entirely on this. The key level at 4530 really can't be missed. If it goes up, follow along; if it drops, hide. No need to hesitate.
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LiquidatedThricevip
· 01-09 00:50
Once again, the Federal Reserve is causing trouble. It's really annoying. Hawkish rhetoric alone can push down gold prices, it's hilarious. Just hold the 4420 level, don't overthink it, follow the rhythm and it'll be fine. Is the central bank still buying? Then we can confidently bottom fish, the geopolitical turmoil isn't over yet. This wave still depends on the dollar. If the dollar weakens, gold prices will soar directly; otherwise, we should stay cautious. For long positions, good stop-loss placement is the most important. Being wiped out once is enough; I don't want to go through it again.
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MevSandwichvip
· 01-09 00:44
The central bank's gold purchase is really solid this time, and geopolitical tensions are also fueling the situation. However, the Federal Reserve's bluster is indeed annoying. If I can't hold the 4420 level, I'll just take a break for now and see if there's a rebound.
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rug_connoisseurvip
· 01-09 00:40
4420 is the key to whether it can hold or not; how many points can the hawkish stance crush with one mouthful?
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Blockchainiacvip
· 01-09 00:40
The central bank buying gold is still quite supportive of the market, but the hawkish Fed folks are really annoying. We definitely need to hold the 4420 level, or else the bulls will be in an awkward position.
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