12.10 Gold Morning Review: Stalemate on the Eve of the Decision, Waiting for Breakthrough Signals in Range

Today, the market is focused on the Federal Reserve's interest rate decision. Gold is exhibiting a typical cautious fluctuation pattern before major risk events, with prices continuing to narrow around key ranges. Before clear directional breakthrough signals appear, the optimal trading strategy remains to sell high and buy low within the range, while being wary of sudden market movements following the convergence of fluctuations before the event.

Today's opening price performance is relatively weak, although it has temporarily stabilized above the 4200 mark. However, from a recent trend perspective, the support at this level is not unbreakable, and both bulls and bears lack clear momentum, resulting in a strong wait-and-see sentiment in the market.

Gold Suggestion: It is recommended to lay out short positions in the 4215-4225 range, targeting around 4170. During operations, closely monitor changes in market sentiment before the Federal Reserve decision and adjust stop-loss orders in a timely manner to control risks.