#美联储联邦公开市场委员会决议 Mid-December Afternoon Gold Market Analysis

Gold's overall upward foundation for the year remains solid. During the period when the market was focusing on silver performance, gold quietly accumulated strength at low levels. Now, with this week's non-farm payroll data about to be released, it will be a key lever to influence market expectations of the Federal Reserve's monetary policy—before the data comes out, the fundamentals are relatively calm, and short-term fluctuations mainly depend on capital flows and market sentiment.

From a technical perspective, starting from the low point of 4182, gold has begun to rebound. Last Friday, it surged to 4353 but pulled back at the end of the session; this morning, it continued to rebound up to 4343, and the bulls still hold the dominant position. In the short term, as long as the 4287 level holds, there's no problem; the main obstacle to going higher is the previous high of 4353, and surpassing that faces the historical high of 4380— the overall rhythm is a typical bullish pattern of pulling back, accumulating strength, and then pushing higher.

The indicator signals are good. The recent rebound has seen capital absorption, and the MA moving averages are arranged in a bullish pattern again. For MACD, the green bars above the zero line are starting to shrink, while red bars are enlarging, indicating that the weakening of the short positions is occurring, and the bullish momentum is re-accumulating. The only resistance is the technical pressure from previous high areas.

Trading strategy: Lightly try long positions in the 4320-4330 range
Stop loss: 4285
Target levels: 4350 and 4355