Gold Market Analysis On January 12th, gold has currently refreshed its historical high point on the daily chart. The K-line continues to maintain a robust oscillatory uptrend along the short-cycle moving averages. Intraday focus should be on whether there will be a secondary upward surge following a pullback and consolidation, with short-term attention on the support zone around 4535. On the hourly chart, after a rapid surge, the short-term bias rate appears slightly excessive. The likelihood of a continued uptrend in the short-term seems diminished, with an inclination towards a potential adjustment in the near-term trend. Watch to see if the intraday technical consolidation is achieved through high-level sideways movement or a price retracement. On the smaller time frame charts, prices have begun to stabilize slightly; monitor the short-term adjustment and consolidation situation. Trading recommendation: Consider going long near 4540, with targets at 4560-4580. Real-time market guidance will be provided during the trading session.
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