3.23 Simple Hope Noon Review

Gold surged to 4536 in the morning before facing pressure and pulling back. The short-term quickly dipped to around 4320 and stabilized, followed by a modest rebound to 4369 where it encountered resistance and fell again. Overall, it presents a shock downtrend pattern of decline followed by rise then pullback, with a clear bearish trend. Currently trading around 4310.

From a technical perspective, the 4-hour Bollinger Bands open diverging downward, with prices breaking below the lower band and continuing the downtrend. MACD green columns continue to expand in volume, maintaining strong bearish momentum; although the KDJ indicator has entered oversold territory with some short-term technical correction demand, the overall trend remains bearish.

Operationally, short positions can be placed in the 4310—4295 range, targeting the 4270—4200 area. #黄金 $XAUT