12.15 Gold bullish trend remains, short-term buy operations
Last Friday, gold surged and then retreated, with profit-taking at the end of the session, significantly pulling back, closing near 4300. The short-term price remains strong, and the decline caused by fund outflow on Friday is unlikely to continue. The fundamental logic remains bullish. Continue with low buy operations during the day, focusing on buying near 4283, with a stop loss at 4270, and looking at 4316 and 4340 as resistance levels.
Short-term buy near 4283, with a defense at 4270 and targets of 4316 and 4340.
If it unexpectedly falls below 4260, then buying will not be considered.
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