#数字资产市场动态 Gold Price Trend Analysis: Rebound Encounters Resistance Again, Bearish Pattern Unchanged

Yesterday, gold broke through the early morning 4320-4340 slight consolidation, and after dipping to 4303.15, it started to rebound. However, this rally was clearly weak; as it surged to 4399, it faced resistance around 4395-4400. Overall, it remains confined within the "weak recovery" rhythm, and the bearish momentum has not eased.

From a macro perspective, the US dollar index around 98 lacks direction, only maintaining short-term risk aversion sentiment, which is far from enough to support a reversal in gold prices. Although the US November CPI shows 2.7%, the data quality is questionable. The Federal Reserve remains on hold, directly undermining the fundamental support for gold.

Technical signals of weakness are obvious. MA7 and MA20 are slightly rising with the rebound, but MA90 remains downward pressure. After being blocked at 4386, there are no signs of a turning point in the short-term moving averages, and bullish momentum is waning. The 4395-4400 zone has become a ceiling, while 4303.15 constitutes a key support.

Trading strategy: Short positions can be arranged in the 4405-4430 range, with a stop-loss set above 4435. The first target is around 4350-4330. If the price breaks below 4303.15, decisively add to positions, with the next target around 4280-4260.

Recent volatility remains high, so close attention should be paid to the breakthrough of resistance levels. Every trade must have a stop-loss; do not be fooled by the short-term rebound and the misleading surge.