Guanlan on Gold: December 14 Gold Market Opening Analysis and Trading Strategy

Last Friday, the gold market once again experienced wide fluctuations, with intraday movements showing a roller-coaster trend of 'rising and then retreating before stabilizing'. In the afternoon, gold prices surged, peaking at around 4353, but during the midnight period, bullish momentum weakened, causing prices to quickly drop to around 4257, ultimately closing at the 4300 mark, with a daily amplitude exceeding a hundred dollars.

From the closing pattern, the bullish trend in gold has not fundamentally changed. Whether it is the technical support of the pattern or the potential driving forces from international news, both are favorable for gold prices to rise. Overall, next week, we can still rely on key support to lay out long positions. In terms of operations, we need to adhere to the principle of following the trend, primarily focusing on buying on dips, and firmly avoiding counter-trend operations to prevent falling into a passive holding situation due to misjudgment of the trend. If the current trading rhythm is poor and investment returns are not satisfactory, it might be helpful to follow Guanlan on Gold for more market-aligned trading ideas, aiding your investment journey to take fewer detours.

From the analysis of the 4-hour chart, it is essential to focus on the strong resistance area of the previous high points in the range of 4380-4385; this is key to determining whether gold prices can open up a new round of upward space. The short-term support below focuses on the line of 4290-4296, while the range of 4266-4270 constitutes an important defensive position for bulls. The oscillation and consolidation in the technical pattern essentially belong to a power adjustment within the trend. The operational logic still focuses on laying out long positions after a pullback stabilizes. It is advisable to patiently wait for signals at key support levels before entering the market, and specific real-time operational strategies will be promptly communicated during trading hours, so please stay tuned.

Specific Trading Strategy for Gold

Buy on the pullback in the range of 4290-4298, add positions on dips to the line of 4265-4275, with a stop loss set at 4255, targeting the range of 4385-4390 first. If this range is effectively broken, you can continue to hold for higher points.

Guanlan—Professional Commentary on International Bulk Commodity Markets, focusing on real trading pain points, balancing timeliness and practicality. The author has been deeply involved in the gold market for many years, with unique insights into price fluctuation logic and trend evolution. If you are facing trading difficulties, continuous account shrinkage, or similar issues, you can follow Guanlan personally. #黄金 $BTC $ETH