#密码资产动态追踪 January 9 Gold Trend Analysis | Bulls Accumulating Momentum, 4460 Becomes the Decision Line

Market Overview——

An interesting signal has appeared on the hourly chart. The Bollinger Bands are gradually narrowing from expansion, indicating that the previous round of violent fluctuations has come to an end, and we're now officially entering a consolidation phase to accumulate momentum.

On the fundamentals side, the US initial jobless claims data wasn't as hawkish as expected, which has significantly reduced market concerns about the Fed continuing to raise rates. Meanwhile, the US dollar has started to soften after breaking through 104, indirectly creating upside space for gold prices.

The technical picture is more critical. After gold prices broke below 4415 yesterday, they quickly pulled back, presenting a clear bullish bottom-fishing pattern with strong buying support below. Looking upward, 4480 is a tough resistance level—whoever can break through this position has a chance to charge toward 4500. Looking downward, the 4455-4460 range is the true support zone; as long as it doesn't break, the bulls' overall direction remains intact.

Trading Participation Strategy——

First approach: Build long positions in batches within the 4450-4460 range, with stop-loss set at 4440, and target profit-taking in the 4480-4490 range.

Second approach: If the rebound faces resistance near 4485, you can lightly establish short positions to test, with stop-loss at 4497 and target in the 4450-4457 range.

Overall, this market move feels like both bulls and bears are accumulating momentum, with the key being whether we can effectively break through those resistance levels.