12.15

Gold
Is the Friday night gold movement making you excited and anxious at the same time? The price first experienced a violent surge, with a large bullish candlestick rushing towards 4360, then suddenly reversed and plummeted by 100 dollars, touching as low as 4260. This rollercoaster market is bound to keep countless traders awake all night.
The current four-hour chart has already shown a clear bearish engulfing pattern, with a top shadowing over the previous large bullish candle, indicating a strong break signal. Although there was a slight rebound in the early session, the momentum is weak, and the upward trend quickly faded. The downward trend still dominates the market, and resistance above remains strong.
Key resistance is focused on the 4330-4340 range, while support is centered around 4270-4250. Combined with the short-term clear topping signals, the probability of a further decline in gold prices is higher, and rebounds should be viewed as high-altitude selling opportunities.
Strategy: Short at 4330, stop loss at 4345, target 4250
Disclaimer: Investment involves risks, please trade cautiously #美联储降息 #现货黄金