#以太坊行情解读 12.18 Asian Market Observation | Gold and Silver Rise Together

The US dollar has been a bit disappointing lately. The index has been oscillating downward, approaching the 98 level at one point, but unfortunately, it recovered by the end of the session, with a final decline of not much, closing at 98.28. The 10-year US Treasury yield is at 4.181%, and the 2-year yield is at 3.516%, with yields gradually declining as well.

It is precisely because the dollar has weakened and bond yields have eased that gold and silver, the two old companions, have started to perform. Spot gold surged past 4350 during the session but then dropped more than 60 dollars afterward. It still closed higher at 4305.54. Silver was even more aggressive, soaring near its historical high, up 3.4%, at 64.07. It’s clear that the market appetite for risk assets remains quite strong. $BTC $ETH This wave also rises with the water level.

On the technical side, caution is needed. Gold opened today with a continuous upward push, almost without a significant pullback. Short-term indicators are already diverging, indicating that the bullish momentum is weakening. During the US trading hours, be especially alert—don’t repeat last Friday’s sudden sharp decline—because if a sharp drop occurs, the bottom level might become a support point in tomorrow’s Asian session.

Resistance levels are at the 4350-4353.5 range, with strong resistance at 4380-4384. If broken, the next resistance is at 4400. Support levels from top to bottom are 4333, 4320, 4300, and 4280-4270.

On the 4-hour chart, the gold price is stuck at the previous resistance around 4350. After a rally, it has pulled back, now consolidating at a high level. The short-term key is whether 4310 can hold. The hourly chart is more delicate—price has already broken below the narrow range of the short-term high, with candlesticks pressed down by short-cycle moving averages, showing a generally weak pattern, with potential room to fall further.