#美国就业数据表现强劲超出预期 December 22 Gold Technical Analysis: After the fluctuations, can it continue to reach new highs?

Last Friday, gold fluctuated upward, with each wave of rise and fall supported by corresponding technical analysis. From the candlestick pattern, the continuous upper shadows have released a signal - the upward momentum is gradually weakening, and this detail is very important.

In today's early trading, gold continued its strong momentum, briefly touching around 4367. However, a question needs to be raised here: there is still a short-term pullback risk in the area below 4380. Caution is advised when chasing highs, as blindly picking up can easily lead to pitfalls.

Technical Breakdown:
- The 1-hour level is still maintaining an upward rhythm, and the support level of the upward trend has now moved to 4315.
- As long as it doesn't fall below 4315, the bulls still have room to exert power.
- If it can break through the historical high of 4383, the upward trend will be further confirmed, and any pullback will be a buying opportunity.

Trading strategy reference: Below 4380, it can be treated in a fluctuating manner. If you want to position for a long order, the range of 4354-4358 is a relatively reasonable entry zone, targeting the area of 4370-4380. However, it is essential to strictly control your position, and the stop loss must be set properly - this is the bottom line.

The market sentiment driven by the better-than-expected U.S. non-farm data is also supporting the trend of precious metals. $BTC $ETH