#美联储联邦公开市场委员会决议 12.10 XAUUSD Asian session market review: accumulation at high levels, pullbacks are opportunities to go long

The current situation of gold is actually quite clear — it’s fluctuating at high levels, but there are no signs of the bullish momentum easing. The price previously surged to 4259 but was pressed down, yet the rebound around 4170 was very quick, indicating strong buying interest below, and the bears are clearly lacking strength. The current price is around 4195, which is essentially a technical correction in the upward trend. As long as the 4170-4180 support level holds, the bulls still hold the dominant position.

From the trend structure, there are clear boundaries above and below. The resistance zone is between 4220-4250, and the short-term strong support is at 4170-4180, which has been tested multiple times without breaking, forming a clear pattern of "slow decline, quick rise" — a sign of strength. This sense of accumulation is very evident.

Positive factors are also stacking up. The probability of the Federal Reserve cutting interest rates by 25 basis points in December has reached 92%, indicating that the expectation of easing is real, which puts pressure on the US dollar. Additionally, global central banks have purchased gold at record highs this year, and geopolitical uncertainties continue to support safe-haven sentiment. The medium-term support for gold is solid, and the downside space has been significantly compressed.

How to operate (conservative approach):

1. If the price pulls back to the 4190-4195 range, consider entering long positions in batches, with a stop loss below 4165 (to prevent extreme volatility from causing losses). First target is 4205-4215; once reached, gradually reduce positions.

2. If the price can break and hold above 4215 with volume, add to your position, aiming for a breakout of the 4220-4230 resistance zone.

3. In the short term, avoid chasing high without an entry zone — wait patiently until conditions are right; the wave logic is most important.

A reminder: the Federal Reserve’s interest rate decision has not yet been announced, so market sentiment remains cautious. Short-term volatility could increase, so be sure to set proper stop losses and adjust your strategy based on market dynamics.
$BTC $ETH