12.18 Zhao Zhao Gold (XAU) | Bullish Critical Point Confirmation, Tonight Determines Direction
Today's core variable for gold remains focused on the key data and central bank expectations this evening.
Firstly, U.S. inflation and sales data will be released at 21:30, which directly affects the market's judgment on the Federal Reserve's subsequent policy path, with significant volatility expected during the U.S. trading session. If the data is on the softer side, gold is likely to surge again, testing the important resistance zone of 4350–4380.
Secondly, the Bank of Japan will announce its interest rate decision on December 19, with market expectations for rate hikes continuing to rise. If realized, combined with exchange rate factors, precious metals may face short-term phase suppression. If gold cannot effectively break through the high resistance tonight, we should be wary of the possibility of a pullback and trend reversal tomorrow.
On the market, gold has been under pressure in the 4350–4380 range for several consecutive days, and is currently at a critical window for direction selection. The important support level below is 4260, while the price is currently holding above 4320, indicating that bulls have not yet loosened their grip. The 1-hour chart shows that after rebounding from 4271.52, the gold price maintains a fluctuating upward rhythm, and the overall trend has not been disrupted; short-term adjustments are still considered normal corrections.
Suggestions:
Gold near 4332–4322,
Target focus 4340–4350,
After breaking through, look successively at 4355 / 4365 / 4380.
(Strategies are time-sensitive, be sure to protect your positions, for reference only; feel free to communicate if uncertain) #加密市场观察 #巨鲸动向 #现货黄金创历史新高 $BTC $ETH $XAU



