#隐私保护话题升温 Gold's performance today is truly eye-catching. The Asian session dropped sharply to 4448.40 and then stopped falling, instead rebounding quickly. During the European session, it surged directly to the key level of 4531.27, but ended up hitting a wall. Afterwards, it oscillated around 4507.47, essentially moving within a consolidation range.

From a macro perspective, the US dollar index has been fluctuating around the lows of 97.80 over the past two months, lacking the strength to push higher. More importantly, the US November CPI dropped to 2.7%, which has increased market confidence that the Federal Reserve will cut interest rates next year. These two factors are providing bottom support for gold prices. However, at year-end, market liquidity is already sluggish, and large funds are hesitant to make big moves, making it difficult for gold to break through resistance levels.

From a technical standpoint, MA7 and MA20 are pressing down from above, with MA90 supporting from below, forming a tight structure. The key focus tonight is whether the breakout above 4531.27 can be achieved with volume, and whether the support line at 4500 will hold.

In terms of trading strategy, a rebound and stabilization around 4480-4495 can be considered bullish, with targets at 4525, 4550, and 4580. If the price directly falls below 4475, then go short with targets at 4450 and 4430. During oscillation phases, just buy low and sell high. Be cautious of fake breakouts at year-end, manage your positions carefully, and watch out for sudden volatility in the dollar that could cause trouble.

Disclaimer: The above is solely personal opinion and experience summary, not investment advice. Trading involves risks; all profits and losses are your own responsibility.