#加密生态动态追踪 December 12 Evening Gold Market Analysis

Recently, geopolitical uncertainties have increased, the US dollar has shown signs of weakening, and the market has already priced in expectations of Federal Reserve rate cuts. These factors have combined to attract significant buying interest in gold. Safe-haven funds and demand for value preservation have sharply increased, causing gold prices to break through several key resistance levels consecutively.

From a technical perspective, both the daily and hourly charts show an accelerating bullish momentum. Starting from the low of 4182, the price has been rising steadily. After successfully breaking through the zone around 4265-4280, a typical bottom reversal was completed. Currently, gold is trading around 4333.67, firmly above the 4300 level. The previous support levels at 4280 and 4300 have now become new support. There are no clear signs of bearish momentum weakening.

The signals from the hourly indicators are quite clear. The moving averages are in a steep bullish alignment, the Bollinger Bands are wide open, and the price is riding along the upper band. The MACD shows strong bullish momentum with ample red bars, and there are no obvious signs of a bearish reversal. The bulls are in control.

Trading idea: Consider going long around 4320-4330 with a light position
Stop-loss: 4310
Target: 4339-4345