December 24th, Jingwen 2025 Year-End Gold Market Analysis: long positions trend continues, operational logic sorting

By the end of 2025, the global spot gold market continues to strengthen, with the price of London gold breaking through the 4500 mark to reach a historic high. The price of domestic brand gold jewelry has first exceeded 1400 yuan/gram, while the price of Rongtong gold has also surpassed 1000 yuan/gram. The core driving factors for this wave of rising prices are relatively clear: geopolitical tensions support demand for safe-haven assets, expectations of interest rate cuts by the Federal Reserve and a weakening dollar create a dual push, combined with the high enthusiasm of central banks for gold purchases and the impact of the peak industrial demand season, which together contribute to the strong performance of the gold market.

Pay attention to the impact of market time nodes: On Christmas Eve (Wednesday), most European and American markets will close early, and the market will be closed all day on Christmas Day (Thursday). During this period, no important economic data will be released, and light trading may lead to short-term volatility, while profit-taking pressure may result in short-term consolidation.

Technical Analysis

• Daily level: Showing a strong bullish trend with consecutive up days, the structure of the long positions trend is complete, the moving average system maintains a golden cross diverging upwards, and the RSI indicator has reached a high of 80. Although it is in the overbought range, the strong trend remains unchanged;

• Short period: The price operates along the MA10 moving average and the upper Bollinger Band, continuously breaking through historical highs. The quick recovery during pullbacks indicates that it is currently in a strong trend acceleration phase, rather than at the end of an emotional cycle.

• Key Judgment: Holding the 4500 level forms a secondary lifting signal, and the trend has not been broken. With the short-term divergence rate accumulating, pay close attention to the rebound elasticity during pullbacks. As long as there is no significant decline in volume, it can be regarded as a rhythm adjustment within a strong trend.

Operational Ideas

• Long positions strategy: Enter between 4475-4480, stop loss at 4460, target 4520-4550;

• Short position strategy: Only for short-term pullbacks, enter in the 4560-4565 range, stop loss at 4580, target 4500-4480;

Support levels: 4498 → 4470 → 4452
Resistance levels: 4537→ 4568→ 4590

The core of trading lies in following the trend. Currently, the bullish trend for gold is clear, and one should avoid blindly guessing the peak. Strictly control stop-loss in operations, flexibly adjust in conjunction with key levels, and respond rationally to the fluctuations in the year-end market. #2025Gate年度账单 #加密市场小幅回暖 #Gate社区圣诞氛围感 #XAU