金丰来：金价回调 寻机再起

Group 1: Gold Market Analysis - Gold prices are experiencing a high-level pullback due to year-end profit-taking by investors, with spot gold fluctuating around $4,340 after reaching a historical high [1] - The annual performance of gold has been impressive, with a cumulative increase of approximately 65%, while silver has surged by 150% driven by industrial demand and investment enthusiasm [1] - Despite potential short-term price corrections, the long-term tight supply situation is expected to support the market, maintaining an optimistic outlook for 2026 [1] Group 2: Technical Indicators and Price Levels - After hitting a high near $4,550, gold has seen a decline of over $200 due to profit-taking, with key short-term resistance identified at $4,382 [1] - The 20-day Simple Moving Average (SMA) has turned downward above the current price, indicating that if gold falls below $4,300, further adjustments may occur [1] - The Relative Strength Index (RSI) has dropped to 54, suggesting that previous overbought risks are being gradually digested, and the market needs to observe if it can recover above $4,451 to regain upward momentum [1] Group 3: Silver Market and Macroeconomic Factors - Silver rebounded from a low of $70.40 to the $76.00 range, supported by strong expectations of monetary easing signals from the Federal Reserve's meeting minutes for 2026 [2] - The MACD line remains below the zero axis, but the RSI has returned to above 50, indicating a strong zone, with resistance levels set at $76.50 and $80.00 [2] - A solid defense zone is formed by the 50-day SMA and the recent low of $70.40, with caution advised if it falls below the December 18 low of $64.75 [2] Group 4: Cryptocurrency Market Insights - Market sentiment and trading activity in the cryptocurrency sector have significantly declined, with Bitcoin showing a narrow sideways trend [2] - Long-term holders have ceased selling for the first time since July, which is a positive signal for the market currently digesting holiday volatility [2] - Ethereum whales have accumulated over 100,000 ETH in recent days, indicating that major funds are preparing for a new rebound [2] - The outlook for 2026 suggests that not only will precious metals continue to shine, but cryptocurrencies are also expected to mature and become standard assets in various investment portfolios [2]