Live Updates > Live Update Details
2025-12-18 09:49:14
【Short-term trading advice for spot gold: Oscillating upward, buy on dips】 (1) Reasons for analysis: Gold prices fell slightly after hitting a seven-week high, mainly due to the rebound of the US dollar index after a sharp drop. However, in the medium term, gold is still in the bullish range. On the fundamental side, the latest US employment data has further strengthened the market's expectations for future interest rate cuts by the Federal Reserve. At the same time, geopolitical risks have risen again, supporting gold prices. The current adjustment is more of a technical demand than a change in fundamentals. In the short term, we should continue to pay attention to US economic data and wait for directional guidance. On the technical side, we should wait for the support of the moving average to be confirmed. (2) Key focus: US Treasury yield, US dollar index, geopolitical situation, US economic data (3) Resistance: 4350, 4380, 4400 (4) Support: 4300, 4280, 4260;
