#数字资产市场洞察 December 22 Gold Daily Review: A wave of 62 points in hand, now the short positions window is open.

The market is like breathing, with tension and relaxation. The long positions laid out in the 4310 area last Friday performed well, with gold directly rising to 4372, easily securing 62 points. But now it's different—the wind has changed, and the opportunity for short positions has come.

Let's first look at the macro level. Recent U.S. economic data has performed surprisingly well, giving the U.S. dollar index a boost. The technical rebound brought about by the low-level recovery has made dollar assets attractive again, leading to money flowing from the gold market to the U.S. dollar. Gold priced in U.S. dollars is no longer so cheap. Additionally, with the Christmas holiday approaching, institutional trading enthusiasm is cooling down, and market activity has noticeably decreased. Those who previously bought long positions are now eager to cash out, and the momentum for chasing gains has long faded. All of this is paving the way for short positions.

The technical analysis is clearer now. The signals on the 1-hour chart are very clear - after a surge, the gold price quickly reversed. Look at that high point characteristic, the upper Bollinger Band briefly broke 4361 and then immediately got pushed back down; the bulls exhausted all their strength at the high. The previous 4374 is a strong resistance, which has been tested several times without success, and the "double top" pattern is slowly forming. The 1-hour candlestick left a long upper shadow, with heavy selling pressure above, which is obvious. Now the gold price has returned inside the Bollinger Band, with the upper band continuing to suppress, and the middle band at 4336 has become support. If it breaks below here, the downward space will further open up.

**Short-term trading strategy**

Short positions entry: Establish short positions at the 4370-4375 line. If the price continues to rise to 4380-4385 after entry, add to the position.

Target outlook: The first wave of targets points to 4335-4340. If this support is broken, continue to look down at 4320-4325.

In simple terms: focus on short positions, starting to expand the gains after breaking 4340.