2026-01-08 01:20:53

Tonight's Focus: Eurozone PPI — An Inflation Indicator

Once this data is released, the market will immediately react. If the results are better than expected, expectations for the ECB to raise interest rates will increase, causing the euro to rise and gold prices to come under pressure; conversely, if the data is weaker, concerns about industrial deflation will push expectations for rate cuts higher, boosting safe-haven demand for the US dollar, which may temporarily suppress prices. However, in the longer term, loose liquidity remains a positive factor for gold.

Yesterday's market was well managed. During the day, I built long positions at the support level of 4445-4450, and took profits at 4460-4466, securing steady gains. By midnight, gold dipped to 4423, but the bulls remained strong, quickly rebounding, and the overall upward trend continued unchanged.

During this midnight correction, we took the opportunity to add positions around 4416-4420, and a preliminary rebound has already occurred. However, we should be cautious: as gold pushes higher, resistance levels above are becoming stronger, and short-term volatility risks are indeed increasing. From a long-term perspective, the bullish logic remains intact and has not been broken, so the strategy of "buying on dips" continues to be valid.

**Trading Reference**

If gold retraces to around 4425, go long directly; if it dips to around 4415, consider adding to positions.

The short-term target is first set at 4470-4480. If a smooth breakout occurs, then the next key resistance zone is 4500-4520.

Markets are never trivial—manage risk well and ensure every trade has certainty—that's the rule of trading.

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.

13 Likes

Reward
13
8
Repost
Share

Comment

0/400

WagmiOrRekt

· 19h ago

Eurozone PPI data really can decide everything. Yesterday, I bought the dip at 4445 and was thrilled, then sold at 4466 directly. Gold prices this rebound are really strong, but the resistance above is really intense. We must hold the 4415 level. Buying on dips is still a reliable strategy. As long as there’s no long-term breakout, continue to go long.

View OriginalReply0

GasFeeTherapist

· 01-08 12:44

Eurozone PPI this wave... The key still depends on what the data says. Either gold prices, which are too hot, will fall, or if it cools down, gold will be happy. Anyway, it won't keep people idle. Yesterday's long position of 4445 was closed at 4460. Comfortable. Tonight at midnight, I added another at 4416. Anyway, the logic of buying the dip hasn't collapsed yet. The pressure above is getting stronger now, which is a bit risky in the short term, but the bulls are still tough at heart... I don't know when the 4500 level will be broken.

View OriginalReply0

JustAnotherWallet

· 01-08 01:50

Eurozone PPI data, in simple terms, is to see what the European Central Bank will do next. Yesterday, I bought long positions at 4445 in gold, and sold at 4466, feeling comfortable. The fake-out at 4423 in the middle of the night was actually an old trick; bulls just need to hold steady, and the fundamental logic remains strong. Continue adding at 4415-4420, and see if we can break through 4500. Short-term volatility is indeed high, so trading needs to be more cautious.

View OriginalReply0

BridgeJumper

· 01-08 01:48

Eurozone PPI data is released, and immediate market reactions depend on the data; frankly, it's still a game of probabilities. Conservative traders are positioning around 4425. I entered long positions at 4420, which feels a bit tight, but there is still some rebound potential. Short-term resistance is indeed strong. The long-term logic remains intact, so keep pushing forward. 4500 is the real key level to watch.

View OriginalReply0

FlashLoanLarry

· 01-08 01:42

Eurozone PPI data really needs to be watched closely; a little carelessness could lead to a trap. --- I also didn't miss the rebound at 4423; I managed to recover again. --- This guy's rhythm yesterday was really good; why do I always just miss the bottom by a little? --- Still need to stick to buying on dips; the long-term logic hasn't been broken, it's just short-term volatility. --- The resistance above is indeed strengthening; be careful not to get cut. --- If the 4500 threshold can be broken, the subsequent upside potential is significant. --- I should learn from the courage to add positions at midnight; I am always too cautious.

View OriginalReply0

BridgeNomad

· 01-08 01:35

ngl, the routing mechanics on this ppi play are giving me serious flashbacks to the celsius bridge collapse—like, you're betting heavy on directional flows but what's your fallback if liquidity fragments mid-move? seen too many traders get liquidated betting on "strong support" that wasn't actually there. counter-party risk on the long side at 4416 is kinda gnarly rn imo

Reply0

WagmiWarrior

· 01-08 01:31

Eurozone PPI data is really a double-edged sword; exceeding expectations isn't necessarily a good thing... --- 4416 buying on dips in this wave is still steady; I'm just worried that the resistance above might really be hard to break. --- I love hearing that the bullish logic hasn't been broken, but with such large short-term fluctuations, maintaining the right mindset is crucial. --- Gold has been quite interesting these past couple of days. The dip to 4423 at midnight was quickly rebounded, showing that the bulls do have some resilience. --- Long-term loose liquidity is good for gold; I agree with this logic. The problem is, we need to survive in the short term until that day comes. --- If the resistance zone between 4500-4520 can't be broken, then we need to reassess the bullish strategy.

View OriginalReply0