Hong Fei's gold strategy for December 11:
Short on highs (main recommendation)
1. Aggressive short
· Entry: Light short in the 4198 – 4202 area
· Stop loss: Above 4215 (above the previous high of 4221)
· Target:
① 4175 (initial target)
② 4169
③ 4120
2. Conservative short
· Entry: Wait for the price to bounce back to the 4205 – 4210 area before entering again
· Stop loss: Above 4222
· Target: Same as above
Speculate on rebound longs
1. Aggressive long
· Entry: Light long when the price first touches the 4169 – 4175 area, and a 5-minute or 15-minute K line closes bullish with a long lower shadow or RSI divergence occurs.
· Stop loss: Below 4162
· Target: 4190 → 4200 (near MA20)
2. Conservative long
· Wait for signal: After the price oscillates near 4169, consider following when it breaks above 4190 and stabilizes.
· Stop loss: Below 4175
