12.18 Latest Analysis on the Golden Silk Road

Yesterday, multiple favorable factors for gold pushed the price to $4348.70 per ounce, while silver also hit a historical high! Weak U.S. employment data, rising expectations for Fed rate cuts, tense geopolitical situations, and global central bank policy adjustments formed multiple supports. The daily bullish pattern is solid, while the 1-hour and 4-hour levels are in high volatility, intensifying the long-short game.

Key Levels: Strong support at 4280, intraday support at 4300/4305-4310, key resistance at 4350 (which suppressed gold prices three times), historical high at 4380.

Operational Suggestions:

Mainly long positions: Can be arranged in the range of 4290-4300/4305-4310, enter at 4295 with a stop loss at 4290, aiming for 4330 first, strong breakthrough to 4350, 4380; also consider going long on dips at 4305-4290, targeting 4320, 4330.

Short positions as assistance: Short on rebounds at 4345-4350 under pressure, with a stop loss above 4350, targeting 4330-4320/4315-4310.

Risk Control Reminder: Trump’s speech and the U.S. CPI/PCE data will be released, market volatility is likely to increase, reduce positions before the data, and follow the trend after breaking through! $ETH $SOL $ZEC #美国非农数据超预期 #美SEC推动加密创新监管 #加密市场观察