#美联储联邦公开市场委员会决议 December 11 Evening Gold Market Observation

Gold retreated to around 4205 before the US market opened. Let's take a look at the logic behind this wave of行情:

On the macro front, Federal Reserve officials have recently issued several dovish signals, and the market is betting that there is still room for interest rate cuts before the end of the year. As a result, the US dollar index has been suppressed, which provides natural support for gold prices. Additionally, regional geopolitical situations around the world are still fermenting, and safe-haven sentiment has not waned. Capital continues to flow into gold, providing strong upward momentum.

From a technical perspective, gold prices have stabilized at the key support zone of 4200-4205. The short-term bullish trend line has not been broken, and on the daily chart, prices remain above the 5-day and 10-day moving averages. The moving average system is arranged in a bullish configuration, with the MACD red histogram continuing to expand. The 4-hour chart shows typical signs of stabilization after correction, with Bollinger Bands opening upward, an intact upward channel, and the pullback space largely exhausted.

During this evening's US trading session, the bullish momentum remains evident. We can consider entering long positions on dips within the 4200-4205 support range. Focus first on the previous high levels above; once a clear breakthrough occurs, gold prices may have the opportunity to initiate a new rally.