2026-01-07 05:22:40

Last week, gold experienced a classic W-shaped rebound driven by risk event catalysts, breaking through the 4500 level directly, and the bullish enthusiasm was completely ignited.

However, the pullback in the early trading hours today is normal. At this stage, the idea of buying on dips should still be maintained. Short positions are really only suitable for ultra-short-term quick cuts and are not worth holding onto stubbornly. To shift to a bearish outlook, two clear signals must appear: one is the European session breaking below the Asian session's lows, and the other is a reversal after a rapid rise in the early session. Do not attempt to go against the trend and buy the dip before these signals are visible.

The current situation is very clear—gold prices are gradually oscillating upward, with each low point getting higher. The key is whether those support levels can hold. If the 4430 to 4445 range can withstand the pressure, long positions can be fully followed, aiming for a break above 4500; but if this level cannot hold and drops, then it’s time to immediately change stance and try a small short position in the opposite direction.

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FlatTax

· 9h ago

The low is stable this time, as long as 4430 doesn't break.

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GateUser-e87b21ee

· 01-07 05:52

Stick tightly to the low multiple strategy; as long as 4430-4445 is not broken, continue chasing. Don't mess around before the European session breaks the level.

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LongTermDreamer

· 01-07 05:51

The W bottom rebound definitely gave confidence, but I still think we should wait for a clear signal before jumping in, so we don't get cut...

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fren_with_benefits

· 01-07 05:44

The idea of buying the dip is still correct. Don't be scared by the pullback; history always repeats itself.

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blockBoy

· 01-07 05:40

The low positions continue to hold stubbornly. If I can't defend the 4430-4445 level, I will accept it.

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DeFiDoctor

· 01-07 05:34

The clinical records show that the current W-bottom pattern is indeed classic, but I have to say—this morning's pullback is the real test of the fundamentals. The idea of low-position buying is fine, but the key is whether risk warnings are in place. I agree with those two signals, especially the breakout below the Asian session low during the European session, which is a relatively strong technical indicator and cannot be taken lightly. How strong is the support level at 4430-4445? How do the liquidity indicators look? If it can't hold and breaks directly, it might not be a simple correction, and we need to consider deeper symptoms of capital outflow. The suggestion to try reverse positions with a light position is a safety measure, but I’d like to hear if you have any new judgments on the fundamentals.

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MoonMathMagic