12.9 Dong Yan: Gold continues to fluctuate, both long and short opportunities available today!

To briefly discuss today's trading strategy. Currently, there are no negative news regarding gold. The probability of the Federal Reserve cutting interest rates is still at 89%. There has been no progress in the ceasefire between Russia and Ukraine. Therefore, our judgment on the market trend today is still based on fluctuations; the strategy for fluctuations is to reduce positions at relatively high levels and increase positions at relatively low levels.

In a range-bound fluctuation, it is not advisable to chase highs before an effective breakout; focus on buying low! You can directly enter the market to go long around 4180! If the short-term market can effectively break through the resistance at 4230, then increase positions and continue to go long. The area around 4245-4255 is the resistance position connecting the previous downtrend high points! There will still be pressure within this area, and once this area is broken, it indicates that gold has officially started a daily level rebound; at this position, look for a rebound upwards with a long position.

Gold: Long around 4180, target 4220; if not broken, then short around this area, target looking at 4180. #ETH走势分析 #加密市场观察 $ETH $SOL