杨振金:黄金反复震荡白银新高不断 今日走势分析及操作策略

Market Analysis - Gold prices surged significantly on December 18, 2025, driven by weak U.S. employment data, renewed expectations of Federal Reserve rate cuts, and escalating geopolitical tensions. Spot gold prices reached a high of $4,348.70 per ounce and closed around $4,338 per ounce, marking an increase of nearly 1% [1][4] - Silver prices also broke the $66 mark, hitting a historical high of $66.88 per ounce, while platinum reached its highest level in over 17 years. The market is closely watching President Trump's national address and the delayed release of the U.S. November CPI data [1][4] - The future trajectory of the gold market is influenced by multiple evolving factors, reflecting not only short-term reactions to economic data and geopolitical events but also the increasing global uncertainty. Silver's strength may indicate further rotational trends, while gold remains a core safe-haven asset [1][4] Gold Technical Analysis - On Wednesday, gold traded between a high of $4,348 and a low of $4,315, with a prevailing bullish trend. However, it is noted that the current movement is a choppy upward trend, and caution is advised regarding potential market changes that could lead to deeper corrections. The recommendation is to maintain a bullish stance while also considering short positions at high levels [2][6] - The technical outlook suggests that gold is facing resistance at $4,350, and if it breaks above $4,355, it could target $4,385. Conversely, if it breaks below key support levels, it may revisit last week's low of $4,250. Key levels to watch include $4,355 resistance and $4,300, $4,280, and $4,250 support levels [2][6] Silver Technical Analysis - Silver opened with a slight decline before a strong rally, reaching a high of $66.88 and closing at approximately $66.22, forming a long upper shadow on a bullish candlestick. The trading strategy suggests buying on a pullback to $65 with a stop loss at $64.5, targeting $66.9, $67.5, and a range of $68 to $68.3 [3][7]