Is gold and silver far from bottoming out? Gold can be bought on dips!

This week, the Federal Reserve cut interest rates by 25 basis points as expected, lowering the federal funds rate to a range of 3.50%-3.75%. Although the Fed did not hint at aggressive measures for 2026, Schneider stated that with the change in leadership, the Fed is expected to adopt a more accommodative monetary policy.

We are indeed uncertain about what actions the Fed will take next year, but one thing is certain: quantitative tightening (QT) has ended, and in addition to the $2 trillion deficit spending, there are discussions about more stimulus plans. Meanwhile, grocery prices have risen by 30%, she said, at some point we have to factor in the risk of runaway inflation into pricing. This provides solid support for hard assets like silver and gold.

Gold has continued to rise during the day, while oil has seen a slight decline after the European session. At 9:00 PM and 9:30 PM, Fed officials will speak, so let's see if they can bring some new market trends, with real-time market guidance.

Currently, gold has broken through the previous high volatility range on the 4-hour level, with the candlestick chart continuing to maintain a slightly stronger volatility along the short-term moving averages. In the short term, attention should be paid to the pressure zone around 4350-60. The hourly level has shown continuous upward movement, with short-term moving averages diverging upward, and there are currently no signs of a peak. The adjustment strength and continuation on the smaller time frame are not too significant, leaning towards the possibility of further upward movement in the short term. Pay attention to the adjustment and repair situation in the short term.

Investment strategy: Buy gold at 4300-10, stop loss at 4290, target at 4350, and hold if it breaks.