On the Eve of the Federal Reserve's Interest Rate Decision: Gold Fluctuates Awaiting Guidance, Patience Required for Oil Bottom Fishing

In the early hours of Thursday, the Federal Reserve will announce the December interest rate decision, and the market is speculating on the expectation of a "hawkish rate cut." Both gold and oil are in a wait-and-see market.

Gold: Overnight, it closed with a small bullish candle with a long lower shadow. The previous low serves as support, while 18 is a resistance level, and no long positions have been entered in the actual market. The daily Bollinger Bands show signs of widening upwards, but it has been consolidating on the middle and upper bands for 7 trading days, needing the Federal Reserve data to break the range; the trend leans towards probing for a low before starting to rise. The four-hour structure is flat, and the MACD zero line golden cross indicates rebound momentum, but overall still awaits guidance.

Oil: Overnight, it closed with a medium bearish candle, and the previous low is a key support level. No trades were participated in yesterday. The Bollinger Bands are converging, and the MACD fast and slow lines have formed a death cross, which may further diverge, indicating that accumulation is not complete and there is a possibility of a downturn; although the long-term view is bullish, the current hourly chart's bottom divergence is not credible, and one should wait for a stabilization signal with a long lower shadow before considering bottom fishing.

Whether domestic related varieties can break through the "three tops" requires the linkage of the external market and judgment of capital sentiment, and it is not advisable to be aggressive in the short term $BTC #比特币VS代币化黄金