**Gold Market Trend Analysis:** On December 12, spot gold traded in a narrow range during early Asian hours, currently hovering around $4,267.29 per ounce. Gold prices rose steadily during Thursday's Asian session, reaching near $4,240, as the market continued reacting to the latest Federal Reserve policy decision. The Fed cut interest rates by another 25 basis points, lowering the policy rate to 3.50%–3.75%, the lowest in three years. The downward shift in the yield curve has significantly boosted the appeal of non-yielding assets, providing sustained support for gold. During the policy announcement, Fed Chair Jerome Powell emphasized the need for more time to assess the impact of this year's consecutive rate cuts. The primary driver for gold remains the interest rate trajectory, with the ongoing easing cycle supporting its medium-term strength. However, potential geopolitical de-escalation could introduce volatility, preventing a one-sided rally. Future trends will depend on U.S. employment data, economic slowdown dynamics, and progress in Ukraine peace talks.

**Technical Analysis:** Gold has broken above its previous uptrend range, firmly holding above the $4,200 psychological level, signaling strong bullish momentum. The price action shows consecutive bullish closes, with MACD momentum expanding and RSI remaining in the overbought zone without extreme readings, suggesting further upside potential. The daily chart displays a three-day winning streak, supported by a widening Bollinger Band, with resistance near $4,285. MACD’s bullish divergence and RSI’s steady strength reinforce the uptrend. On the 4-hour chart, the Bollinger Band shows partial expansion, indicating strength but leaving room for corrections. A deeper pullback could lead to consolidation, while a mild retreat may present buying opportunities.

**Short-Term Trading Strategy:** Key resistance lies at $4,331–$4,381; a breakout could extend gains. Support is at $4,200, with a fall below $4,160 potentially triggering a technical correction. Today’s strategy favors buying on dips, with secondary short positions on rebounds. Immediate resistance is at $4,300–$4,320, while support sits at $4,255–$4,235.

**Crude Oil Market Trend Analysis:** Early Friday in Asia, WTI crude traded near $57.93/barrel, pressured by geopolitical shifts and U.S. fuel inventory surpluses. Brent fell 1.49% to $61.28, while WTI dropped 1.47% to $57.60, briefly breaching October lows. EIA data showed a 2.5-million-barrel rise in gasoline and distillate stocks, signaling weak demand and refining margins. Market focus remains on potential Russia-Ukraine peace talks, which could lift sanctions and increase Russian oil supply.

**Technical Outlook:** The daily chart shows minor consolidation, with prices testing the $56 support. MACD hovers near zero, lacking bearish momentum, but a break below $56 may confirm a downtrend. The 1-hour chart indicates renewed declines, with moving averages capping rallies. MACD’s bullish crossover below zero suggests weakening downward momentum. Today’s bias is bearish, targeting $56. Trading strategy leans toward buying dips with shorts on rebounds. Resistance is at $59.5–$60.5; support at $57.0–$56.0.