#美国就业数据表现强劲超出预期 December 18th Midday Gold Price Trend Analysis

From the hourly chart, the precious metal prices are stuck around the 4340 level and then continue to decline, indicating heavy selling pressure above. Currently, funds seem a bit confused, oscillating back and forth in the short term. The support from moving averages is no longer obvious, and the price was pushed down again near 4348. The previous oscillation high has not been broken. Therefore, the 4340 to 4350 range has become a recent resistance zone, with diminishing rebound strength. The market has entered a stalemate, and no clear directional signal has been seen yet.

Trading Strategy Suggestions

Long Opportunities: When the price retraces to the 4331-4324 range, consider small positions to buy on dips. The initial upward target is 4343; if it breaks above, continue chasing 4348. Place stop-loss below 4324.

Short Opportunities: If the price repeatedly encounters resistance in the 4343-4348 zone and a bearish engulfing candlestick pattern appears, try a small short position. The target below is 4331; if it breaks, look further down to 4324. Set stop-loss above 4350.