📊 12.2 Jin Jingwen Gold Morning Review

Gold is fluctuating with a slight upward trend; pullbacks are still a good opportunity to go long!

In the early session, gold opened around 4207, dipped to a low of 4202, and then quickly rebounded. Recently, gold prices have repeatedly shown a bottoming rebound trend, and the bullish trend remains unchanged amid the fluctuations and adjustments. The pullback range still presents a good opportunity for positioning. Yesterday, we focused on the pullback opportunity to place long positions, with longs below 4200 and in the 4188-90 range, all successfully realizing profits as the price rebounded above 4200, with the timing well aligned with market fluctuations.

From the 4-hour chart, gold prices are showing a trend of oscillation and consolidation, with the technical aspect leaning more towards the logic of "adjusting downwards to go long." The key resistance to watch above is the 4250-60 range, while short-term support focuses on the 4190-95 line, and the key support looks at the 4165-75 area. It is advisable to patiently wait for key levels to enter, which offers better cost-effectiveness.

Reference for Gold Trading Strategy

• A pullback to the 4200-05 range can be an opportunity to go long. If it further dips to the 4190-95 range, it can be an opportunity to add to positions. Set the stop loss below 4183, with the initial target at the 4255-65 range. If it breaks through, you can hold on and follow the trend.

• Key point changes during the trading day will be prompted in real time, focusing on the effectiveness of support and resistance as well as the accompanying volume.

Focus on in-depth analysis of the international gold market, emphasizing the timeliness and practicality of real trading. If you are facing confusion about direction or operational difficulties in trading, you can follow Jingwen for communication, which provides objective references for your trading, helping to avoid unnecessary pitfalls and jointly optimizing trading strategies. #成长值抽奖赢iPhone17和周边 #十二月行情展望 #GIGGLE和PIPPIN强势上涨 #XAUT