Gold Oscillation Pattern Clear! Trade by Position, Lock in Profits Steadily!
Dig Gold Old Cat March 18, 2026 12:00 AM
The confidence in trading never comes from betting on one direction, but from holding the range well and executing by signals. Every support consolidation and every resistance test are clear opportunities given by the market. Stay calm and act decisively to turn volatility into profit.
Around 7 PM last night we clearly provided a 4980-4960 range long strategy. The market tested lows near 4973 and rebounded with consolidation. Currently, price is oscillating around 5000, with resistance gradually emerging above.
Technically, the short term remains weak with insufficient rebound strength. The bearish structure hasn't changed. On the news front, the market continues to be depressed with high interest rate expectations suppressing gold prices. Currently, there are no clear bottom-building signals. My continued bearish view and wait for deep pullbacks is objectively rational and directionally correct.
Tonight's operations will continue around the major range: Watch 5030-5050 resistance above—if rejected without breakthrough, short directly. Watch 4960-4980 support below—if it consolidates without breaking, go long with light position. Act when it reaches and strictly stop loss on breakout.
Medium to long-term targets: With continued market depression, continue watching for deep pullbacks, expecting a test of the 4800-4600 range to complete bottom-building. After consolidation, watch for opportunities to return above 5000.
Disclaimer: The above analysis is merely personal trading ideas sharing and does not constitute any investment advice. All risks from acting on this are borne by yourself.
Gold Oscillation Pattern Clear! Trade by Position, Lock in Profits Steadily!
Dig Gold Old Cat
March 18, 2026 12:00 AM
The confidence in trading never comes from betting on one direction, but from holding the range well and executing by signals. Every support consolidation and every resistance test are clear opportunities given by the market. Stay calm and act decisively to turn volatility into profit.
Around 7 PM last night we clearly provided a 4980-4960 range long strategy. The market tested lows near 4973 and rebounded with consolidation. Currently, price is oscillating around 5000, with resistance gradually emerging above.
Technically, the short term remains weak with insufficient rebound strength. The bearish structure hasn't changed. On the news front, the market continues to be depressed with high interest rate expectations suppressing gold prices. Currently, there are no clear bottom-building signals. My continued bearish view and wait for deep pullbacks is objectively rational and directionally correct.
Tonight's operations will continue around the major range: Watch 5030-5050 resistance above—if rejected without breakthrough, short directly. Watch 4960-4980 support below—if it consolidates without breaking, go long with light position. Act when it reaches and strictly stop loss on breakout.
Medium to long-term targets: With continued market depression, continue watching for deep pullbacks, expecting a test of the 4800-4600 range to complete bottom-building. After consolidation, watch for opportunities to return above 5000.
Disclaimer: The above analysis is merely personal trading ideas sharing and does not constitute any investment advice. All risks from acting on this are borne by yourself.