#黄金 Ying Ying Talks Gold: Gold Soars and Then Plummets! 4525 Level Lost, Bearish Signals Fully Triggered!
Yesterday, gold exhibited a strong upward trend, opening at 4487, and surged to a high point of 4525 during the day, ultimately closing at 4484, showing a slight pullback after a rally. Bulls once held absolute dominance during the day, with prices fluctuating in a high range, demonstrating the continuation of previous strong momentum.
This morning, the spot gold market experienced a noticeable shift, with prices quickly retreating from the high of 4525, reaching a low of 4471. As of 14:07, the price was 4489, only a slight increase of 0.10%, indicating a significant depletion of bullish momentum. From a news perspective, stock markets in Europe and the U.S. closed early, and trading in gold, silver, and oil also ended early, leading to increased price volatility due to reduced market liquidity. At the same time, the data on initial jobless claims in the U.S. for the week ending December 20 has not yet been released, and the market is heavily cautious about the U.S. labor market, weakening safe-haven buying support and further suppressing gold's upward space. From a technical perspective, the MACD indicator on the hourly chart for gold shows DIFF at 10.14, DEA at 12.60, and a MACD bar at -4.92, indicating a continuous release of bearish momentum, with prices breaking below short-term moving average support, establishing a bearish trend.
Recommendation: Around 4500-4495
Target lower at 4475-4450-4430
Disclaimer: This analysis and strategy are for technical reference only and do not constitute investment advice. Gold trading carries a high risk, and investors must make independent decisions and bear all responsibilities.
