#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.
BTC1.41%
PAXG-0.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 1
  • Share
Comment
0/400
AirdropHuntervip
· 6h ago
Sister Wen, this wave of short positions is very accurate, hitting 4640 directly. However, I'm more concerned about BTC; the gold market seems to be getting more and more complicated.
View OriginalReply0
GasGuruvip
· 6h ago
Sister Wen, this short squeeze was really impressive. It hit precisely at 4640. I also bought in at 4625.
View OriginalReply0
LiquidationWatchervip
· 6h ago
Sister Wen, this wave of short positions is precise. The 4640 level was perfectly defended, and now the tug-of-war depends on whether 4620 can hold.
View OriginalReply0
CommunityJanitorvip
· 6h ago
Sister Wen's short position this time is indeed accurate. If 4620 isn't broken, it still feels like the bulls have the advantage. Preparing to buy around 4600.
View OriginalReply0
StakeWhisperervip
· 6h ago
Sister Wen's short position has been averaging down again. Just waiting for the 4600 level to stop the decline and buy the dip. Feels like 4620 needs to hold.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)