12-4 Morning Gold Analysis

From the 4-hour level trend, the market is currently in a consolidation pattern. The key resistance zone to focus on above is the 4250-4260 range, which is the core dividing line for short-term bullish and bearish battles; below, the short-term support focuses on the 4200-4195 line. If this support is broken, further attention should be paid to the important support level in the 4165-4175 range, which is the key defensive line of the current consolidation structure. From a technical perspective, in a consolidation market, it is more favorable to rely on support levels to layout long positions, and one should patiently wait for key points to appear before entering the market to avoid blindly chasing prices. Specific operational signals will be provided in real time during the trading session.

Trading Suggestions:

Enter long when gold retraces to the 4200-4205 line, with a target of 4255-4260.