The last gold analysis of this year for FOREXCOM:XAUUSD by Caesar_Gorman01

Gold just rebounded and did not reverse. Rebounding is normal, but the trend has not changed. The rebound of gold is an opportunity for shorts. The hourly moving average of gold is still dead cross downward short divergence, so the short position of gold has not ended. Gold is just rebounding now. Yesterday, the rebound of gold in the US market was under pressure at 2622 and continued to fall and then hit a new low. The short-term rebound of gold in the intraday was suppressed near 2610. We pay attention to the short-term suppression of 2610-2612 above, and there is still room for shorts below.

From the 4-hour analysis, gold will focus on the 2610-2612 first-line short-term suppression in the short term. If the rebound touches this position, you can enter a short-selling order. Focus on the 2635-40 first-line suppression situation. The lower part will focus on the 2596-2600 first-line short-term support. In operation, use the rebound to short. Mainly, be cautious in pursuing orders in the middle position and wait patiently for key points to enter the market.

Gold operation strategy:
1. Gold rebounds to 2620-2625 and is short, and rebounds to 2630-33 to cover short positions. Stop loss is 2637 and target 2596-2600;

Trade active

Analysis of the latest trend of gold market:

Analysis of gold news: At the end of the U.S. market on Tuesday (December 31), spot gold fluctuated and rose, currently trading around $2,624.57/oz. The price of gold fell 0.6% in quiet trading on Monday. It fell below the 2,600 mark to US$2,595.98 per ounce during the session, and closed at US$2,605.62 per ounce, below the key position near the 100-day moving average of 2,619. The U.S. dollar index once hit a new weekly high, keeping gold prices under pressure. Press. However, most traders awaited new catalysts, including next week's U.S. economic data, which could influence the Federal Reserve's interest rate outlook in 2025, as well as incoming President Trump's policies.

Market participants will focus on upcoming U.S. economic data to assess whether the economy is slowing, allowing the Fed to continue to cut interest rates. Earlier this month, Federal Reserve Chairman Jerome Powell said U.S. central bankers "will remain cautious about further cutting interest rates." This statement came after the expected 0.25 percentage point rate cut in December. Despite quiet trading this week, traders will be watching next week's U.S. job openings data, the ADP employment report, the minutes of the Federal Reserve's December Federal Open Market Committee (FOMC) meeting, and the U.S. employment report, which could provide important clues about the health of the world's largest economy. Looking ahead, the factors supporting gold prices in 2024 remain - central banks continue to buy gold to diversify their reserves, and continued interest rate cuts in the United States support investment demand. In 2024, gold prices have risen by about 27% and hit an all-time high of $2,790.15 on October 31. As Trump prepares to return to the White House in January 2025, the market is preparing for major changes in U.S. policy in 2025, including potential tariff adjustments, deregulation and tax changes. Gold is seen as a safe-haven asset against economic and geopolitical turmoil.

Gold technical analysis: Gold still repeatedly rose and fell as expected. The energy of yesterday's rebound was somewhat strong. So far, it has not refreshed yesterday's low, which means that this situation of gold will continue, but there will not be a surge in the market. The market is closed today, and the trading volume yesterday was relatively sluggish, so shock is still the main trend at the moment! However, the market does not last, and it does not strongly break through the 2628 rebound position on Monday and fall back under pressure, so gold is still in a weak market, and gold is still under the control of short sellers. Then gold is still in a weak market, and gold is still under the control of the bears. The market is changing rapidly.

Since the gold bulls can't go up, it means that the gold bulls are still powerless, and the gold rebound still continues to give opportunities to the bears. On the whole, the short-term operation strategy of gold on Thursday is recommended to rebound shorting as the main, and callback longing as the auxiliary.

Gold operation strategy:
1. When gold rebounds, sell short at the 2632-3635 line, cover short positions near the rebound at 2640, stop loss at 2647, target the 2610-2605 line, and look at the 2598-2600 line if the position breaks;

Trade closed: target reached

Analysis of the latest trend of gold market:

Analysis of gold news: At the end of the U.S. market on Tuesday (December 31), spot gold fluctuated and rose, currently trading around $2,624.57/oz. The price of gold fell 0.6% in quiet trading on Monday. It fell below the 2,600 mark to US$2,595.98 per ounce during the session, and closed at US$2,605.62 per ounce, below the key position near the 100-day moving average of 2,619. The U.S. dollar index once hit a new weekly high, keeping gold prices under pressure. Press. However, most traders awaited new catalysts, including next week's U.S. economic data, which could influence the Federal Reserve's interest rate outlook in 2025, as well as incoming President Trump's policies.

Market participants will focus on upcoming U.S. economic data to assess whether the economy is slowing, allowing the Fed to continue to cut interest rates. Earlier this month, Federal Reserve Chairman Jerome Powell said U.S. central bankers "will remain cautious about further cutting interest rates." This statement came after the expected 0.25 percentage point rate cut in December. Despite quiet trading this week, traders will be watching next week's U.S. job openings data, the ADP employment report, the minutes of the Federal Reserve's December Federal Open Market Committee (FOMC) meeting, and the U.S. employment report, which could provide important clues about the health of the world's largest economy. Looking ahead, the factors supporting gold prices in 2024 remain - central banks continue to buy gold to diversify their reserves, and continued interest rate cuts in the United States support investment demand. In 2024, gold prices have risen by about 27% and hit an all-time high of $2,790.15 on October 31. As Trump prepares to return to the White House in January 2025, the market is preparing for major changes in U.S. policy in 2025, including potential tariff adjustments, deregulation and tax changes. Gold is seen as a safe-haven asset against economic and geopolitical turmoil.

Gold technical analysis: Gold still repeatedly rose and fell as expected. The energy of yesterday's rebound was somewhat strong. So far, it has not refreshed yesterday's low, which means that this situation of gold will continue, but there will not be a surge in the market. The market is closed today, and the trading volume yesterday was relatively sluggish, so shock is still the main trend at the moment! However, the market does not last, and it does not strongly break through the 2628 rebound position on Monday and fall back under pressure, so gold is still in a weak market, and gold is still under the control of short sellers. Then gold is still in a weak market, and gold is still under the control of the bears. The market is changing rapidly.

Since the gold bulls can't go up, it means that the gold bulls are still powerless, and the gold rebound still continues to give opportunities to the bears. On the whole, the short-term operation strategy of gold on Thursday is recommended to rebound shorting as the main, and callback longing as the auxiliary.

Gold operation strategy:
1. When gold rebounds, sell short at the 2632-3635 line, cover short positions near the rebound at 2640, stop loss at 2647, target the 2610-2605 line, and look at the 2598-2600 line if the position breaks;

The last gold analysis of this year

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