陈峻齐:黄金低多为主

Core Viewpoint - The gold market experienced significant volatility on December 3, with a trading range between 4235 and 4163, showing a pattern of initial decline followed by a rebound, indicating a strong bullish sentiment in the short term [1][2]. Price Movement Analysis - Gold prices tested a low of 4163 before quickly rebounding, maintaining a strong reaction above the previous breakout point of 4150, which is seen as a critical support level [1][2]. - The market is characterized by a phase of oscillating upward movement rather than a rapid one-sided increase, with notable pullbacks after peaks, yet these declines are not expected to persist [1][2]. Support and Resistance Levels - The key support area is firmly established at 4150, which is the previous bullish breakout point; only a significant drop below this level would indicate a weakening of the bullish trend [1][2]. - Following the overnight rebound, a new low of 4163 has been established, and as long as prices remain above this low, the outlook remains bullish [1][2]. Trading Strategy - The current strategy suggests maintaining a bullish stance, particularly focusing on buying near the established low of 4182, while being cautious about short positions as the market approaches the previous opening price around 4227 [1][2].