2026-01-12 23:20:51

Gold hits a new high again. The only thing in front of us now is trading around the resistance level of 4630 and the support at 4550. Simply put, go short at highs, look for opportunities when it retraces to support, and short the pullback in the short term. The overall trend remains bullish, so don't chase the highs.

After breaking through 4600, 4630 immediately became a "roadblock." Many bulls can't hold this position, and a lot of traders are waiting to sell here and lock in profits. So don't follow the trend blindly; wait until it rebounds to the 4615-4630 range before making a decision. Once it shows signs of stalling—such as long upper shadows on the candlesticks or shrinking volume—you can consider shorting lightly. Be disciplined here, keep your position below 30%, as the market is volatile after reaching new highs, and a wrong judgment with heavy positions can easily lead to a reversal and being caught.

Place your stop-loss above 4645; even if there's a false breakout and it drops below, losses are limited. After entering a short position, first watch the 4580-4590 range, and if it reaches there, you can close part of your position to lock in profits. If it continues downward to 4550-4560, it's generally time to close the position—don't expect to capture the entire move in one go.

Why is 4550 a strong support? Because it was a previous high, now it acts as a "safety cushion." When the price drops to this level, a rebound usually occurs. Conversely, if the price doesn't break below 4550, or if it does but quickly pulls back without the dollar strengthening significantly, you can consider a small long position with a stop-loss below 4535. Target 4590 first, then see if it can push back to 4615-4630.

But remember a strict rule: if 4630 is effectively broken and holds above, or if 4550 is broken and doesn't rebound in time, then the above strategy must be immediately abandoned, and you should quickly adjust your mindset. During trading, pay close attention to real-time transaction data. Don't be rigid about fixed price levels; stay flexible. Take profits when the opportunity arises, and don't hesitate to cut losses. Risk management is always the top priority.

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.

11 Likes

Reward
11
9
Repost
Share

Comment

0/400

ProposalDetective

· 01-15 13:17

The 4630 level really became a hurdle, and it seems like the bulls are running out of steam. Wait, this logic feels like the same old story again. Every time, they say don't chase highs, but it still gets broken through. 30% position short? I feel like the risk is greater than the reward. Is 4550 really a strong support? It feels like it will break sooner or later.

View OriginalReply0

governance_lurker

· 01-15 06:46

Is this the same old theory again... Can 4630 really get stuck? I feel like it's been exposed long ago.

View OriginalReply0

gas_fee_trauma

· 01-13 21:56

It's the same story again. If 4630 can't be broken, then accept it. Stop doing those fancy position analyses. Following the trend will only make you the last bagholder.

View OriginalReply0

LiquidityWitch

· 01-12 23:50

nah tbh the real magic isn't at 4630, it's watching where the actual liquidity pools get drained... everyone's gonna get trapped there fr fr

Reply0

BearMarketBuyer

· 01-12 23:50

It's the same old 4630-4550 game again. After hearing it so many times, I'm really starting to get tired of it. What if 4630 can't hold? How many people got caught in a short squeeze and got wiped out? Wait, don't rush to short. Have you learned from the pullback after this new high... It sounds good, but when it comes to actual trading, who isn't slapped in the face? Shorting is fine, but having only 30% of your position is a bit conservative. I see many people are now heavily betting on a decline. The key is how the dollar is moving. If this thing doesn't cooperate, everything else is just talk.

View OriginalReply0

ChainWatcher

· 01-12 23:50

This level at 4630 feels a bit tough, the bulls really can't hold up. It's the same pattern of repeatedly struggling in the 4550-4630 range. You really need to control yourself and avoid heavy positions. By the way, if it really falls below 4550, you need to react quickly. Otherwise, poor risk management could be the end.

View OriginalReply0

CryptoPunster

· 01-12 23:49

4630, this obstacle, in plain terms, is the best cut point for harvesting profits. Again, no more than 30% position size, and stop-loss must be decisive... Speaking of which, how many can really execute? Those who lose happily are already lining up to lose this round. The trend of giving up has arrived; both bulls and bears have food to eat, but retail investors have no food to eat.

View OriginalReply0

ForkThisDAO

· 01-12 23:43

It's the same 4630 trick again, bulls really can't hold on anymore haha --- Taking a 30% position short, sounds good, but I'm just worried that once 4630 breaks, there’s no turning back --- Stop loss at 4645, this setup is still somewhat restrained, better than going all-in and getting stuck --- If 4550 can't hold support and rebounds, I've heard this logic too many times, but the key is still the dollar's movement --- How many times have I said not to chase highs, yet some still get excited when they break 4600 --- Flexibility is key, but honestly most people are just stubbornly holding onto their price levels --- Lock in profits and sell in batches, that’s the way to survive until the end

View OriginalReply0

FadCatcher

· 01-12 23:35

It's the same story again. If 4630 can't be broken, just keep shorting. I'm just worried that if it really breaks through, we'll all have to eat our words.

View OriginalReply0