2025.12.23 Spot Gold (Current Price 4484): Main Long + High Position Fluctuation, Focus on Short-term Pullback to Enter Long, Light Short Positions as Supplement, Strict Risk Control Before Christmas.

Key Levels

• Support: 4440-4450 (Strong Support), 4420-4430, 4400 (Key Defense)

• Resistance: 4490-4500 (Strong Resistance), 4520 (Extension)

Trading Strategy (Light Position ≤30%)

• Long Positions:

◦ Conservative: Stabilize long at 4440-4450, Stop Loss 4435, Target 4470-4490, if broken look at 4500

◦ Aggressive: Stabilize light position add at 4460-4470 during European session, Stop Loss 4455, Target same as above

• Short Positions (Cautious):

◦ Attempt short at 4490-4500 if repeatedly unbroken, Stop Loss 4510, Target 4460-4470 (Quick in and out)

◦ If breaks below 4420 with volume, rebound 4430-4440 light short, Stop Loss 4450, Target 4400 (Do not linger in battle)

Risk Control

• Single Trade Risk ≤1% of Account Funds, Strict Stop Loss, Do Not Hold Losing Positions, Move Stop Loss Up on Profit

• With Christmas approaching, reduce positions/exit early to avoid low liquidity fluctuations