Analysis of Spot Gold on 12.15 Night

The price previously surged to 4350.27, forming a long upper shadow top K-line, followed by a series of large bearish candles indicating a cliff-like decline pattern. During this period, there was almost no effective rebound, with the lowest dip to 4312.51, forming a short-term oversold pattern; after the decline, a small bullish candle appeared for a rebound, but the body was short and it failed to break through the key resistance level, which is a typical weak corrective K-line combination after a decline.

Short-term bearish momentum still dominates, and the rebound strength is weak; the MACD indicator shows both lines continuing downward, with the MACD histogram in green and expanding, indicating that although there is a brief release of bearish momentum, no exhaustion signals are present; the rebound after the sharp drop only recovers a small portion of the decline, and during the rebound, volume is insufficient, reflecting weak bullish bottom-fishing willingness.

In the short term, there is a weak rebound within the 4320 - 4325 range. If it cannot break through the 4330 resistance level, it is likely to maintain a "rebound-then-fall" bearish oscillation, possibly retesting the 4312.51 low again; if it stabilizes above 4330, it may enter a weak consolidation zone between 4330 - 4340. It is recommended to lightly position near 4340-4350 during the rebound, with a stop at 4356, targeting around 4300-4290.

The above is only personal advice for reference; please follow Jing Sheng Shi Pan's layout for specifics.