2026-01-09 01:29:22

Yesterday, gold gave us a classic roller coaster show. It steadily declined throughout the day, but in the evening, it made a beautiful reversal and surged back, finally closing with a long lower shadow candlestick, indicating that the bulls still have strength.

In the early trading session, it attempted to push higher and refreshed the high, but then pulled back slightly. Based on the current pattern, there is still room to continue upward today, with an estimated increase of 20 to 50 points.

If you want to participate, you can gradually build long positions in the range of 4440 to 4460, buying on dips. If the rebound reaches around 4500, you might consider trying short positions. However, pay attention to a detail — if the price strongly breaks through 4500, don’t rush to short; wait until it pushes above 4530 before looking for shorting opportunities for a safer trade.

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DegenRecoveryGroup

· 01-09 01:59

This wave of gold's movement is truly amazing; the quick rebound almost shook me out. That 4440 level is indeed a good entry point, but it still depends on whether it can truly stabilize above 4500. At times like this, it's easiest to chase highs and get trapped. I'm choosing to wait and see.

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PretendingSerious

· 01-09 01:58

It's another V-shaped reversal. If I had known last night, I wouldn't have closed my position. Is entering at 4440 this wave stable? Has any big shot verified it? Wait until 4530 to short? Then I might be waiting forever. I still don't trust this level. Gold's temperament is really extreme—plummeting one moment, soaring the next. My heart has to keep up. A long lower shadow on a bullish candle means the bulls have strength? I still feel there might be traps ahead. Gradually building a position sounds good, but I'm worried it might keep falling after I finish. The 4500 resistance level feels pretty solid. Only a breakout would truly be bullish. This kind of market is the most annoying. Struggling at 4450 for a long time—missing out is just missing out.

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GweiWatcher

· 01-09 01:57

Once again, the market is swinging back and forth, gold really knows how to mess with people. Enter long at 4440, avoid shorting; let's see if we can catch these 20 to 50 points. As long as the 4500 level isn't broken, it's fine. If it really breaks through, it's safer to wait until 4530 before taking action. This bullish wave does have some strength, but don't be greedy.

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ForkItAllDay

· 01-09 01:50

Here comes the roller coaster again, this market is really incredible. --- I'm familiar with this long lower shadow bullish candlestick pattern, let's see if we can hold steady above 4500. --- I need to learn how to deploy in batches; avoiding going all-in at once and getting slapped in the face. --- Only short at 4530? Man, you must have a really big heart. --- The bulls are supporting, but I'm still a bit hesitant; after all, yesterday's decline wasn't small. --- Here's a suggestion: is it appropriate to enter at 4440? I don't want to suffer heavy losses. --- I'm satisfied if this wave can rise by 50 points; no more greed. --- Wait until 4530 to act; this level of patience is rare. --- That's right, wait for a strong breakout before chasing; capital preservation is the key.

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All-InQueen

· 01-09 01:48

This move in gold is really amazing; I almost got trapped yesterday, but luckily I didn't chase the short. It's that 4500 level again, always getting stuck here, so annoying. I've already placed a buy order at 4440 on dips, betting it will continue upward. But on the other hand, is the 4530 level reliable? It feels like every time it's a false breakout.

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