12.10 Trading Method

Mainly focus on buying on dips, beware of sharp rises followed by pullbacks

Tonight, pay special attention to the landing of the Federal Reserve's interest rate decision in the early morning

Yesterday, silver in the U.S. market broke through to a new high, leading the market, while gold failed to stabilize below 4190 and ultimately closed in the green. The overall daily moving averages are converging. Currently, from the 4-hour perspective, gold is stabilizing above the middle track, with the moving averages turning and crossing into a golden cross, and MACD is converging. Today, the overall trend is slightly bullish but beware of sharp rises followed by pullbacks

On the upside, watch for the first resistance at 4230-45, and if broken, look for the second strong resistance at 4255-65

On the downside, pay attention to the first support at 4200-90 and the second support at 4177-65

Short near 4232, add at 4239, target 4217-4205

Long near 4202, add at 4195, target 4217-4227#黄金