12.18 Gold Intraday Analysis

The daily level of gold continues to oscillate within a high range, with the price converging between 4270-4350. It is worth noting that after continuous oscillation and consolidation, the short-term moving averages maintain a divergent upward trend, and the pullback force at the daily level is gradually weakening, overall exhibiting a strong oscillation rhythm at high levels.

At the 4-hour level, the price encountered resistance and retreated at the key pressure point of 4350, with the hourly technical patterns continuing to weaken. The short-term moving averages have turned downward, creating resistance, and the K-line is repeatedly under pressure below the moving average system. In the short term, there is still expected adjustment space, and it is recommended to pay close attention to the pullback repair process.

Operational Suggestions

Long Position Strategy: It is recommended to gradually build long positions in the range of 4305-4315, with a stop loss set at the 4300 level and a target looking at 4350-4380.

Short Position Strategy: It is recommended to selectively build short positions near 4350, with a stop loss set at the 4360 level and a target looking down at 4310-4305#美国非农数据超预期