#黄金 Cherry Talks Gold: The Golden Opportunity Awaits! The Moer Thread GPU Conference Ignites Technological Dividends, Gold Price Upward Window Opens

Yesterday, gold exhibited a fluctuating uptrend followed by a pullback. From the 1-hour candlestick chart, it is clear that the gold price started from a low of 4273 and steadily climbed, reaching a peak of 4374 during the period of December 18. Subsequently, influenced by profit-taking, it experienced a pullback, ultimately closing around 4335. Overall, while gold retreated after rising yesterday, the strong support below indicates that the bulls still retain upward momentum.

Today, Moer Thread is hosting the inaugural MUSA Developer Conference and unveiling the next generation GPU architecture and roadmap. This breakthrough in domestic technology seems likely to divert some funds from technology sectors, but from a macro perspective, amidst the intensifying global technological competition, market risk aversion has not dissipated, and gold's safe-haven attribute continues to be recognized by investors. Meanwhile, yesterday's pullback in gold did not breach key support, and bullish forces remain in accumulation. Considering both news and technical aspects, today's gold bulls dominate, likely initiating an upward trend, with a key focus on the breakthrough at the 4350 level. If it stabilizes above, further upward movement toward previous high points is anticipated.

Morning Operation Suggestion: Go long near 4320 - 4330

Stop loss: 4315

Target: 4340, 4350

Disclaimer: The analyses and operational strategies in this article are based on existing market data and news, representing subjective judgments and do not constitute any investment advice.