wonderful-fate

Yesterday, the technical side of gold ushered in a small rebound in the shock, and then fell under pressure. The price of the Asian and European sessions stabilized and rebounded at the 2650 mark. The European session quickly broke through the 2664 mark and fell under pressure and fell into a narrow range of fluctuations. In the evening, the US session continued to decline to around the 2650 mark. The overall gold price appeared under pressure at the 2664 mark as expected, and the short-term weak short adjustment continued. Yesterday, we notified short selling at the 2660-62 line many times. I believe that friends who follow me can see that short selling is still the mainstream today. I hope that your investment can avoid detours. Welcome to communicate!From the 4-hour analysis chart, today's upper resistance is still concerned about the 2660-62 mark. Relying on this position, continue to focus on the main short and follow the trend to look down. The lower target is still concerned about the break of the 2640-2643 line. The short-term gold price short weakness dividing line is the 2670 mark. Before the daily level breaks through and stands on this position, any rebound is a short-selling opportunity. Maintain the main tone of participating in the trend. I will not participate in the specific operation strategy during the session. Pay attention in time. Thank you!Gold operation strategy:SELL 2658-2662SL: 2671TP: 2635-2642

Bitcoin (BTC), soaring to a record all-time high of 107K, driven by multiple factors that are reshaping global markets.Bitcoin breaks record: 107,140 and keeps climbing. This latest price milestone highlights the growing importance of digital currencies as mainstream financial assets.Key factors driving Bitcoin's surge include increased institutional adoption and slower but growing retail investor interest.In addition, geopolitical instability and inflation concerns have prompted investors to turn to Bitcoin as a hedge against traditional financial risks. The growing adoption of blockchain technology in various fields has also amplified Bitcoin's uses, not just limited to speculation.As market dynamics evolve, BTC continues to symbolize the transformation of currency in the digital age. Analysts believe that this price level not only represents a peak, but also proves the growing acceptance of cryptocurrencies around the world.Bitcoin is now finally back on a strong upward trend and is expected to reach 110K before the new year.

Spot gold traded in a narrow range near $2,654.30 an ounce in early Asian trading on Monday (Dec 16). Gold continued to take profits after hitting a more than five-week high of 2,726.05 on Thursday and extended its decline on Friday, hitting a near one-week low near $2,646 as Treasury yields continued to rise and hit a near three-week high. Markets will turn to the Fed rate decision this week. Last week's U.S. inflation and labor market data did not reverse expectations of a Fed rate cut next week, but markets think the Fed may be slightly more hawkish and signal a pause in rate cuts in January to assess the outlook for inflation and the strength of the labor market. Markets fully expect a rate cut at the upcoming meeting, with a whopping 97% chance, but the odds of another rate cut in January are only around 24%, with another cut most likely in March. The yield on the 10-year Treasury note rose to a three-week high on Friday, as markets expect the Fed to cut interest rates by a quarter point this week but signal a pause as the central bank is grappling with inflation running above its 2% annual target. In addition to the Fed rate decision, November retail sales data will be in focus this week. In addition, investors need to continue to monitor the geopolitical situation.Gold trend analysis:From the technical point of view, in last Thursday, Friday's decline, the weakness is obvious, at least in the week can be bearish to the support of 2600, wait for the week to fall to 2600 to see whether 2600 break. Combined with the strength of the rebound, you only need to short the pressure point of the one-sided average during the week, and pay attention to 2660,2672,2688 above.SELL: 2662SL: 2672TP1: 2650TP2: 2645TP3: 2640

Now bitcoin has fully entered the upward channel, although in the upward process may be due to some factors out of the fluctuation adjustment, but this is only a trend correction adjustment compared to bitcoin, before Christmas, bitcoin will most likely reach a new high of 110K! If not, it will be the New Year!Good luck!