GOLD 2026-1-14

#gold (January 14, 2026)

The price is currently moving within a consolidation wedge. Strictly speaking, this consolidation phase is normal, given the previous strong increase!

The problem is: My trading system usually malfunctions during this consolidation phase :D

The current price trend for Gold remains predominantly upward. The price drop in the latter half of yesterday's US session was mainly due to the rapid increase in the USD. And don't ask me about the US CPI! Just ignore it; the news came out briefly and that's it, it doesn't affect world peace at all.

Today's buying zone is around the newly formed demand zone – after the spring dip and rebound last night.

Entry around 4.595; the price might drop to 92/93 or something like that, but it's insignificant.

STP: Lost 4581

Target price increase today: 4649 - 4674

This is the scenario for today's price drop, but the probability of it happening is low! The main decline is in Asia and Europe, with a rebound expected in the latter half of the US session.

The price is currently plummeting from 4610 in Asia – meaning any buy orders above will be stopped out, or will be stopped out in Europe.

This downward trend is expected to bring the price back to yesterday's low of 4569. From there, if the price recovers to 4595, short again, stop loss at 4610.

The target of this decline is 4545 and 4529.

It is expected that the price will rebound around 4529 (not recommended for direct buying). Instead, if the price rises above 4545 from 4529, look for a retest of 4545 to buy – the scenario illustrated in the chart.