#Solana行情走势解读 Gold Price Trend Observation | Market Analysis for January 12



Currently, the position is stuck around 4509. On the 1-hour chart, it’s very clear—stepwise upward movement, with the price climbing along the short-term moving averages, indicating a strong bullish trend. However, it’s blocked at the 4517 level, then enters a narrow consolidation phase, suggesting a short-term digestion.

What do the indicators say? The KDJ has already entered overbought territory, indicating a need for a pullback, but the J line has not yet turned significantly, so the bullish momentum is not fully exhausted. More importantly, the MACD shows the red bars continuously expanding, which suggests that the upward momentum still exists and the bullish logic remains valid.

Why are we so bullish? The central bank has been increasing its holdings for 13 consecutive months, providing a strong bottom support. Coupled with the Middle East situation and the expectation of a rate cut in March, these factors are reinforcing the upward drive. If a successful breakout occurs next Monday, it’s likely to trigger a main upward wave, and the recent high is not far away.

Trading Strategy:
Bullish: If the price retraces to the 4500-4490 zone, consider entering a long position with a small amount, targeting 4510-4530.
Bearish: If the price rises to 4515-4520 but does not break through, consider a small short position, with a target of 4500-4490 for the pullback.
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FloorSweepervip
· 19h ago
nah bro, that kdj overbought is basically screaming paper hands are about to capitulate... classic weak signal before the real move
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ShamedApeSellervip
· 01-12 07:04
Hey, wait a minute, can 4517 really break through? It feels like this hurdle is a bit tough to overcome. KDJ is oversold but still pushing through, the momentum is a bit aggressive. The central bank's continuous increase in holdings sounds like good news, but ultimately, real gains depend on the market performance.
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GasFeeBeggarvip
· 01-11 23:30
Talking about the gold rally again, always so optimistic. What about the all-time high mentioned last time? --- Is the resistance at 4517 really that strong? Feels like it's just trying to trick me into selling at a loss. --- Can the central bank stabilize the market with 13 months of increased holdings? I think retail investors are the real support at the bottom. --- When the MACD red histogram expands, it's bullish. But don't bears do the same? Indicators are all after-the-fact. --- Next week’s main upward wave? I bet five bucks it’ll still be bouncing around 4500. --- Enter with a small position, exit with a small position. But it feels like small positions are just a synonym for taking losses. --- Can Middle East tensions really be linked to gold price movements? That logic seems a bit too simplistic. --- KDJ overbought and still going up? Isn’t that a contrarian indicator? --- If it doesn’t break 4515 to 4520, go short. But if it breaks, you have to cut your position. This kind of move really just benefits the chives (retail investors). --- Is the all-time high far away? I hear this every day, and I’m almost tired of it.
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ser_we_are_ngmivip
· 01-11 23:29
Well, the central bank's continuous 13-month accumulation in this area is indeed interesting, but it feels like the 4517 level is still quite tough. Wait, KDJ is overbought and still bullish? I find that a bit suspicious. Can the 4500 line really hold steady? I'm not too convinced. It's another expectation of interest rate cuts; I'm tired of hearing this rhetoric. The MACD red histogram expanding looks comfortable, but I don't know how long it can last. It feels like the main upward wave is still early; let's wait until next week to see. Can it really break through? I bet it will pull back.
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AirdropChaservip
· 01-11 23:08
4517 Can't hold on anymore, is the bullish momentum really enough this time? I'm a bit skeptical. --- Can the central bank's 13-month accumulation sustain until a new all-time high? Forget it, I'll wait until it breaks below 4520 first. --- The MACD red histogram expanding sounds impressive, but the KDJ is overbought. Isn't that self-contradictory? --- Someone says it will break through next week every week. I'll just watch quietly. --- Light positions, light positions, again light positions. Why is everyone so cautious? --- The 4490-4510 range is oscillating repeatedly. I feel it will consolidate here for a while. --- Expecting rate cuts alone are enough to push bulls to historic highs? That's wishful thinking.
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