12.3: Dong Yan Gold Morning Review

Yesterday, the gold market opened at 4232 in the early session, then slightly rose to reach a daily high of 4236 before the price fluctuated and fell back. During the U.S. trading session, the daily low dropped to 4162, and then there was a rally towards the end, ultimately closing at 4210, forming a long lower shadow hammer shape;

After such a shape concludes, the daily line effectively pulled back to the upper triangle and began to rise, with the hourly MA also gradually turning upwards. Today's market will continue to pull back to extend the long positions, but after forming a consolidation pattern, the daily line mainly focuses on a range-based approach, so there is no need to overly fixate on one direction.

Gold: 4185, 4175 continue to oscillate, target looking at 4236, 4250;

Silver: 57.2, 57 oscillate, target looking at 58.5, 59. #加密市场观察 #加密市场回调 #美联储重启降息步伐