#数字资产市场洞察 December 17 Evening Gold Price Trend Observation

The negative impact from non-farm payroll data is gradually being digested, and the positive effects from rising unemployment and retail data are providing effective support. Most importantly—continued slowdown in inflation combined with rising unemployment has significantly increased market expectations for rate cuts, becoming the strongest support for the bulls. Although risk aversion sentiment has eased, institutional control has only triggered short-term minor adjustments, and the overall trend remains unchanged.

Tomorrow's CPI data is crucial. If inflation continues to decline, expectations for rate cuts will be further reinforced, and the bullish pattern will become more stable.

**Technical Analysis:**
The daily chart shows repeated oscillations in the high zone between 4270-4350. The 4270 level has been tested multiple times without breaking, indicating strong support at the bottom. The 4-hour moving averages have begun to turn upward after converging, and the 1-hour correction is just a normal shakeout, not changing the overall bullish framework. On the indicator side, funds are actively supporting the 4290-4300 zone, MACD is about to form a golden cross as the green bars shrink, and although the short-term moving averages are still somewhat weak, their deviation is not large. The technical rebound and recovery demand are very strong.

**Trading Strategy:**
Light position long near 4300-4310
Stop loss: 4295
Targets: 4325, 4330

$BTC $ETH Stay tuned