#美联储降息 December 15 Morning Market Overview



From the hourly chart, Gold's recent rally has been quite strong. It first broke through the 4300 USD round number, then surged to 4353.43 USD, and has since started to pull back.

Currently, the price is above the 5-day moving average, and the 20-day moving average is providing some support. The short-term moving averages are still close together, which basically indicates that bulls and bears are still in a tug-of-war. However, the KDJ indicator has dropped below 50 and is heading downward, implying that the bullish momentum is waning and a test of support may occur. But it hasn't reached oversold levels yet, and the real downside space isn't fully open for now.

What’s the outlook moving forward?

If it holds above 4340 USD and then breaks the previous high at 4353.43 USD, it could continue to rally upward, targeting 4380 USD.

Conversely, if it breaks below the support at 4290 USD, attention will turn to whether the intraday low at 4257.74 USD can hold. If that breaks as well, then a test around 4250 USD might be imminent.

(This only reflects a technical perspective; actual trading depends on market conditions, and risks are at your own discretion.)
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LayerZeroHerovip
· 12-17 19:25
Kaneko's recent performance has been really fierce. Now it's just a matter of whether we can hold the 4340 level. If it breaks, then we need to be cautious.
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TestnetFreeloadervip
· 12-17 15:14
Is this rhythm of gold about to end the bulls' run? Feels like 4340 is about to fall again, oh my See you at 4250, the quiet opportunity to get rich is coming Another false alarm, just waiting to watch the show KDJ is not even giving face anymore, this time it really needs to adjust
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fork_in_the_roadvip
· 12-17 00:38
4353 is no longer exciting; this wave feels a bit weak.
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RooftopVIPvip
· 12-14 23:39
This rhythm with gold is a bit uncomfortable, the stalemate between bulls and bears is really annoying. I feel like I should wait until it breaks below 4290 before deciding whether to jump in.
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DefiVeteranvip
· 12-14 23:35
Position 4353 looks a bit risky; the KDJ has formed a death cross. Be careful of a potential drop.
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APY追逐者vip
· 12-14 23:34
I've seen the KDJ downward signal too many times before; it's often a fake move. If 4340 can hold, I remain bullish.
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MetaverseVagabondvip
· 12-14 23:15
It feels like this position at 4353 might retrace back, and the KDJ is heading downward.
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TheShibaWhisperervip
· 12-14 23:13
4353, this wave really pushed hard, but the KDJ is softening, and it seems the bulls can't hold on much longer.
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