The gold trend on January 8th was quite volatile, with the entire trading day showing obvious oscillation characteristics. Let's review the market performance and key operation points of that day.

The technical outlook at the opening stage was relatively clear—gold short-term entered a consolidation correction, with resistance levels locked around 4470-4475, and support below at 4440-4445. Under this pattern, a high sell and low buy strategy combined with strict position management became particularly important. From the early trading trend, this judgment basically captured the market rhythm.

In the afternoon, new participants began to appear, reflecting an increase in market activity for gold.

The real turning point occurred in the evening session. Initial jobless claims data and trade account data were released consecutively, both exerting pressure on gold. As a result, the price briefly dipped to a low of 4407.80. It is worth noting that the 4400 level has long been a key support line. Based on this understanding, placing long positions above 4400 became the key to success. Subsequently, the market indeed rebounded, with the gold price rising to 4436.00. Traders who seized this opportunity gained nearly 30 points.

Looking back at the entire trading day, despite significant fluctuations, precise identification of support levels and strict risk control ultimately led to clear profits. It is worth noting that non-farm employment data will be released tomorrow, and market volatility is expected to further increase, potentially creating more trading opportunities.