Brother Liang's Daily Gold Gains — 12.17 Morning Gold Review

Gold has recently shown a stable pattern: oscillating and pulling back during the European session, and continuously rising during the US session. This pattern has continued for three trading days. Currently, two points need attention: first, if the rhythm changes, it may indicate that a trend reversal is approaching; second, within the oscillating upward pattern, short-term buying on dips is advisable.

In terms of specific operations, key support levels are around 4300 and 4270, where positions can be taken as opportunities arise. The 4-hour timeframe remains in an oscillating upward trend, and it is recommended to continue following the trend, with recent support around 4290.

In summary, during the day, the main strategy is to buy on dips, with an initial focus on the 4300–4290 range for long positions, targeting 4330-4350.