#MSCI未排除数字资产财库企业纳入范围 January 14th Gold Technical Review: Bulls Still Gathering Strength

Last night, when the CPI data was released, gold surged straight to 4634 and hit a top, but then quickly weakened. Subsequent buying momentum couldn't keep up, and in the second half of the US session, gold plummeted back to around 4570. This is a typical pattern of "positive data realization, profit-taking panic."

Interestingly, this pullback did not trigger panic selling. It seems more like the market makers taking advantage of the data to shake out weak hands at high levels, clearing some floating positions, and then the market returning to a phase of consolidation and accumulation.

Looking at the 4-hour chart, the gold price is currently oscillating at high levels, repairing itself. The retracement has been limited in both depth and duration, with the 4570-4560 zone already well fortified. As long as the short-term correction concludes, the bulls are likely to push higher. The key is to monitor when this correction ends and how the correction intensity changes.

Trading logic: As long as the critical support at 4570 holds effectively, the bulls will remain confident, with targets directly aiming for the 4630-4650 range.