#大户持仓动态 December 18 Gold Midnight Observation: The price has been a bit stuck these past two days. The 4350-4360 range acts like a ceiling, no matter how hard it pushes, it can't break through, with the 4360 historical high pressing down from above. To be honest, three forces are converging here — those trapped and eager to cut losses and sell, profit-taking by longs, and short-selling funds lurking in the shadows. The triple pressure explains why the gold price can't go higher.

If it continues to be stuck here without breaking through, funds will likely choose to withdraw, making a pullback highly probable. Once it breaks below the 4250 support level, there will be little to stop it, and the gold price could test the 4200-4150 range downward.

Trading idea: Short at the high of 4340-4345, with a stop-loss above 4350. Targets are set at 4320, 4200, 4280, and 4260, taking profits step by step. Remember to monitor market sentiment in sync with $BTC.