12.9 Tuesday Gold Lunch
The long position from the morning has successfully exited with profits, and the price in the afternoon has plunged back to the 4174 level. This drop is not an extension of a bearish trend, but a typical false breakdown washout action, which clears floating chips through a deep pullback, paving the way for subsequent upward movement. Such tactics are extremely common in the early stages of trend reversals.
From a technical perspective, the 4174 area is close to the previous bottom support level, with strong buying momentum. After a quick drop, the price did not exhibit a sustained break, but instead showed signs of stabilization, with short-term rebound momentum quietly accumulating. Combined with the moving average system and changes in trading volume, the current position is an excellent point for bullish layout, and the upside potential has been fully opened.
Current price operation suggestion: Buy directly at 4176, with a stop loss below 4168, aiming firmly for 4230, with no need for repeated profit-taking along the way, holding the position to await the target to be realized. #黄金
