12/16 Gold Midnight Operation Strategy, Bottom Rebound to Take the Wave

Yesterday, gold was under pressure at 4350 and fell back, with the daily line forming a long upper shadow candlestick; today, after a drop to 4271, it rebounded, aligning with our long position strategy in the 4266-4275 range. In the evening, with non-farm payrolls and unemployment rate data intertwined, gold prices broke through the 4300 level, and the strong trend continued, with pullbacks still presenting buying opportunities. Technical adjustments are normal, and the initial target is 4350.

The technical bullish signals are clear, with 4266-4275 support being effective. Do not chase after the long positions during the midnight; focus on the 4350 resistance, adhere to pullbacks for buying, and pay attention to layout points at 4300 and 4270. Do not chase after the rise even if it breaks through 4350.

Strategy: Short at 4336-4345 (stop loss at 4355, target 4290-4298); Long at 4286-4295 (stop loss at 4265, target 4335-4340). For unfavorable trades, you can contact Lao Xiao for real-time strategy support #黄金