12.12 Dong Yan: Gold Top and Bottom Conversion, Direct Buy on Morning Dip!
Yesterday's significant rise in gold also aligned with the strategy discussed, although the maximum increase observed at the time was between 4255 and 4280, ultimately reaching 4285. The daily chart shows a large bullish candle with a lower shadow; from the current perspective, the daily bullish breakout has closed above, and the short-term moving averages are also aligned upwards. The four-hour large bullish candle has also broken the upper line and is currently operating between the upper line and the acceleration line.
However, the rapid increase has led to clear overselling in the short cycle indicators, but the direction confirms a bullish trend as the main tone. This means that today's strategy remains focused on buying the dips, with the multi-period resonance point observed at around 4252. The daily chart gap is at 4242, so today's entry point is here, with resistance at last night's high around 4285. A breakout targets 4300 and above.
Gold: Near 4252 for buying, dip to around 4242 for an additional position, targeting 4285 and 4300. $ETH $BTC $SOL #加密市场反弹 #美联储降息 #加密市场观察


