TradeMax：黄金价格暂处整理区间，市场静候方向信号

Core Viewpoint - The recent performance of the gold market shows fluctuations, with spot gold prices experiencing a high of $4,550 per ounce before retreating due to margin adjustments by the Chicago Mercantile Exchange [3]. Price Movement Summary - Spot gold closed at $4,332.45 per ounce on January 4, with a notable upward trend starting from early November last year [1]. - The market has shown a pattern of testing the $4,300 per ounce level twice, followed by rebounds, with recent highs approaching $4,400 per ounce [3]. - Technical analysis indicates a potential head and shoulders bottom formation, with current prices around $4,330 per ounce, suggesting further developments are to be observed [3]. Technical Indicators Summary - The 4-hour MACD indicator shows signs of upward movement, while the RSI is at 52.85, indicating a neutral position with a slight bias towards the upper range [3]. - Key resistance levels are identified at $4,400 per ounce (December 30 high), $4,445 per ounce (December 23 and 24 lows), and around $4,500 per ounce (previously broken trend line) [3]. Support Levels Summary - Immediate support is noted at $4,305 per ounce, with additional support from the December 31 low of $4,274 per ounce [4]. - If prices decline further, the December low of $4,170 per ounce will be a critical level to watch [4]. - The market's technical shape may be influenced by upcoming news, which could lead to a potential drop to around $4,200 per ounce if unexpected developments occur [4].