12.17 Morning Spot Gold Analysis
Spot gold is currently oscillating between 4305 and 4315. After a sharp decline at noon yesterday, it remained within the 4271--4295 range. Later in the evening, it quickly surged to a high of 4335, forming a V-shaped reversal pattern. Subsequently, the price consolidated within the 4300-4315 range. Recently, the candlesticks have been mainly small bullish and bearish, showing signs of stabilization through oscillation.
The current price has stabilized above the key support level of 4301 from the previous correction, which has been tested multiple times without
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