#美联储降息 12.16 Gold Price Trend Observation

Gold prices have formed a clear double-top pattern around the 4360 level. In recent trading days, the price has accelerated downward from above the moving average, directly breaking through this key support. It is currently still under continuous pressure from the moving average, showing a very obvious weak trend. As mentioned yesterday, breaking through near 4380 faces significant resistance, and after that, the market approached 4360 twice but was pushed back each time. There is a clear lack of bullish buying interest, and the recent trend is inclined to continue weakening. There is room for further decline, with the next target being the starting point of this rally at 4260.

The November non-farm employment data will be released tonight. The market generally expects this to be bullish for gold, but there is a noteworthy phenomenon—market movements and data performance often do not synchronize, so gold may not necessarily follow the trend upward. This dislocation is actually the most interesting part of the trading market.

Reference Strategy: Short at 4350, stop loss at 4365, profit target at 4270

Risk Warning: Market trading involves risks. Please conduct thorough assessments before making decisions.