Last Friday, gold fluctuated and rose, continuing the trend from the previous week. Last week, I maintained a bullish outlook with multiple short-term short strategies. Daily low buy and dip-buying strategies proved very effective. Currently, there are new developments in both fundamentals and market sentiment. The key points are summarized as follows, with practical applicability maximized:
1. Core News Sentiment
1. Geopolitical safe-haven sentiment continues to heat up
The Thailand-Cambodia conflict persists, Thailand is not considering a ceasefire; tensions in Asia-Pacific are escalating with Japan frequently provoking; US-Ukraine confrontation and Russia-Ukraine conflict continue, while right-wing movements in Germany and Japan are aggressive. Essentially, the US’s loss of control over Middle East tensions is causing risk diffusion across many regions, continuously supporting gold as a safe-haven.
2. Key Variables in Financial Markets
- The decision by the Bank of Japan on December 19 whether to raise interest rates will have a strong impact on global markets, comparable to geopolitical safe-haven effects;
- The US has ended its rate cuts and balance sheet reduction within the year. US debt and dollar credibility risks are prominent, crypto markets remain subdued, and financial outlooks are under pressure.
2. Market Analysis for Today
- 30-minute + 1-hour resonance: BOLL range is close (30 min 4270-4350, 1 hour 4260-4345), indicating a sideways bullish pattern;
- 4-hour: Stochastic indicator shows a death cross downward, MACD is weakening, but the overall trend is upward. There is a single needle support near 4260, with midline support expected to move up to 4260 to form resonance;
- Daily chart: Indicators are all weakening, showing a slow bullish trend with small positive candles. Following the trend for long positions is more stable.
3. Trading Strategies for Today
Bullish Strategies
- Buy on dips around 4260-4270;
- Support at around 4290, add longs during sideways consolidation, with default stop-loss.
Bearish Strategies
- Short near 4345-4350;
- Add short positions on rebounds around 4380; if broken below 4380, follow the trend and chase longs.
Key Focus
Closely monitor the Bank of Japan decision on December 19 and whether global geopolitical conflicts escalate, especially potential risks in Asia-Pacific. Adjust trading pace in real-time accordingly.
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📊 12.15 Jin Jingwen Gold Morning Review Sharing
Last Friday, gold fluctuated and rose, continuing the trend from the previous week. Last week, I maintained a bullish outlook with multiple short-term short strategies. Daily low buy and dip-buying strategies proved very effective. Currently, there are new developments in both fundamentals and market sentiment. The key points are summarized as follows, with practical applicability maximized:
1. Core News Sentiment
1. Geopolitical safe-haven sentiment continues to heat up
The Thailand-Cambodia conflict persists, Thailand is not considering a ceasefire; tensions in Asia-Pacific are escalating with Japan frequently provoking; US-Ukraine confrontation and Russia-Ukraine conflict continue, while right-wing movements in Germany and Japan are aggressive. Essentially, the US’s loss of control over Middle East tensions is causing risk diffusion across many regions, continuously supporting gold as a safe-haven.
2. Key Variables in Financial Markets
- The decision by the Bank of Japan on December 19 whether to raise interest rates will have a strong impact on global markets, comparable to geopolitical safe-haven effects;
- The US has ended its rate cuts and balance sheet reduction within the year. US debt and dollar credibility risks are prominent, crypto markets remain subdued, and financial outlooks are under pressure.
2. Market Analysis for Today
- 30-minute + 1-hour resonance: BOLL range is close (30 min 4270-4350, 1 hour 4260-4345), indicating a sideways bullish pattern;
- 4-hour: Stochastic indicator shows a death cross downward, MACD is weakening, but the overall trend is upward. There is a single needle support near 4260, with midline support expected to move up to 4260 to form resonance;
- Daily chart: Indicators are all weakening, showing a slow bullish trend with small positive candles. Following the trend for long positions is more stable.
3. Trading Strategies for Today
Bullish Strategies
- Buy on dips around 4260-4270;
- Support at around 4290, add longs during sideways consolidation, with default stop-loss.
Bearish Strategies
- Short near 4345-4350;
- Add short positions on rebounds around 4380; if broken below 4380, follow the trend and chase longs.
Key Focus
Closely monitor the Bank of Japan decision on December 19 and whether global geopolitical conflicts escalate, especially potential risks in Asia-Pacific. Adjust trading pace in real-time accordingly.
⚠️ Disclaimer: Personal trading ideas are for reference only. Investment involves risks; please trade cautiously!#美联储降息 #广场发帖领$50 #Gate11月透明度报告出炉 #XAUT