#美国证券交易委员会推进数字资产监管框架创新 Gold Weekly Line experiences sharp rises and falls, but remains confident

This week, gold played a "roller coaster" — a nearly hundred-point plunge from a high on Friday. What's the reason? Nothing more than a rapid surge that needed some profit-taking. Fortunately, it didn't continue to drop at the close, staying above 4300, showing resilience worth noting.

Looking back at the weekly rhythm: early in the week, it oscillated around the 4170-4250 range for consolidation. By Tuesday night, it suddenly gained momentum, breaking through the difficult barrier at 4250-4260 in one go, finally closing at 4279. This trend pattern can be summed up in one word: steady.

From a technical perspective, the previous resistance zone at 4250-4260 has now turned into support, and the 4300 integer level has been successfully breached and stabilized. The daily moving averages show a standard bullish alignment, and all indicators are still signaling bullish momentum. The trend structure remains intact, which is very important.

What to expect next week? In the short term, there may be technical pullbacks, so don’t panic — a retracement to the 4320-4280 range for a bottom is normal. The key focus should be on the non-farm employment data released next Friday (December 16). If the actual data exceeds expectations, short-term volatility is likely. But in the long run, the macro environment supports this trend, and any pullback can be seen as an opportunity for accumulation at low levels. The idea is simple: buy on dips.