#美国消费者物价指数发布在即 January 14th Gold Price Trend Observation

After falling from the high of 4634, it dipped to a low of 4569, a daily decline of 0.22%. Following a surge, the price has now entered a correction phase—both bulls and bears are still battling, with no clear directional movement.

How to interpret the technicals? The KDJ indicator has pulled back from overbought levels, with the J line near the bottom, indicating a potential rebound. What does this mean? The short-term downward momentum is weakening, and although market sentiment remains cautious, it has not fully turned bearish. The MACD's medium-term trend remains weak, but the green bars are shrinking, and the downward momentum is gradually easing. The RSI and moving averages are around the mid-levels, approaching oversold conditions in the short term, with a rebound and correction in sight.

Today, the US November retail sales data will be released. This data often stirs the market, so it’s important to stay cautious before the announcement and avoid heavy risk-taking.

Trading Ideas
Long Strategy: If the price retraces to the 4570-4580 support zone, consider a light long position, with a stop loss below 4560, targeting 4600-4620-4630.

Short Strategy: If the price rebounds and encounters resistance at 4620-4630, consider short positions, with a stop loss above 4640, aiming for 4590-4580.