Gold Trade Setup – 15th Jan

Gold remains in a powerful uptrend after printing fresh record highs, but the latest pullback is a timely reminder that even strong trends breathe. Heading into today’s London session, the focus is on whether buyers defend the first meaningful dip following the breakout, or whether we see a deeper liquidation flush as short-term positioning resets. With US 10-year yields still elevated and key US data due later today, XAUUSD is likely to stay reactive to any sudden repricing in rates and the dollar. From a trading perspective, this is the type of environment where patience is rewarded: rather than chasing strength at highs, the higher-probability play is to let liquidity events do the work and look for a controlled entry on weakness. We’ll be particularly mindful of the London gold fix and the New York data window, where stop runs and fast mean-reversion moves frequently create the cleanest risk-to-reward opportunities. Pair / Asset Bias & Entries Stop / Invalidation Targets Why A+ (Fundamentals, Technicals, Sentiment) Near-term catalysts (UK time) GOLD LONG – Buy the dip into 4575 – 4588 (scale) only if it holds above the prior breakout zone; Alt: buy reclaim back >4608 after a washout. <4545 (break back under pullback base = trend pause). T1: 4635 T2: 4690 (week-ahead extension if risk re-bids: >4700). Fundamentals: Uptrend still underpinned by Fed-cut expectations & macro/political uncertainty; gold just printed record highs then pulled back on profit-taking. (Reuters) Technicals: This is a classic “record-high – first pullback” structure; best R:R is buying the first clean retrace rather than chasing. Sentiment: The tape shows a sharp unwind in silver alongside gold’s dip (risk of more liquidation), which is exactly why you want defined dip levels + hard invalidation. (Reuters) Thursday 15th Jan: 10:30: LBMA AM Gold Fix (liquidity/mean-revert risk) + 15:00: LBMA PM Fix (bigger whipsaw risk). 13:30: US data cluster (rates/USD impulse into gold).    Chart by TradingView – Gold Trade Setup – 15th Jan Conclusion: Our primary plan is to treat the current pullback as a potential “first dip” opportunity within a broader bullish structure, but only while price action respects the key invalidation zone. If buyers hold the dip and reclaim nearby resistance, the path opens back toward the recent highs and an extension higher. If, however, price fails to stabilise during the main liquidity windows and breaks through our invalidation level, we step aside and reassess rather than forcing a trade in unstable conditions. As always, execution matters as much as direction: scale entries thoughtfully, keep risk defined, and avoid getting chopped in the fixing windows and around major US releases. We’ll be watching the London and New York fixes closely, alongside the US data impulse, for the clearest confirmation that the next move is ready to trend rather than whipsaw. This analysis is for informational purposes only and does not constitute investment advice. Trading involves risk; manage exposure accordingly. For similar Gold Trade Setups please visit our Commodities Trade Ideas page. Please visit our Disclaimer page. Disclaimer Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. TerraBullMarkets.com does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets or any financial instrument involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TerraBullMarkets.com nor any of its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. TerraBullMarkets.com and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. TerraBullMarkets.com and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and TerraBullMarkets.com are not registered investment advisors and nothing in this article is intended to be investment advice. TerraBullMarkets...