Gold surged to 4536 in the morning and came under pressure, pulling back sharply to around 4320 to stabilize. Subsequently, it rebounded slightly to 4369 but encountered resistance and fell again, showing an overall pattern of decline-then-rise-then-fall oscillation with a clear downtrend. Currently trading around 4310.
On the technical side, the 4-hour Bollinger Band is opening downward and diverging. After the price broke below the lower band, the downtrend continued. The MACD histogram continues to expand with significant volume, maintaining strong bearish momentum. Although the KDJ indicator has entered the oversold zone with some technical correction potential in the short term, the overall trend remains bearish.
Operationally, short positions can be established in the 4310-4295 range, with targets toward the 4270-4200 zone. #黄金 $XAUT
3.23 Simple Xi Noon Review
Gold surged to 4536 in the morning and came under pressure, pulling back sharply to around 4320 to stabilize. Subsequently, it rebounded slightly to 4369 but encountered resistance and fell again, showing an overall pattern of decline-then-rise-then-fall oscillation with a clear downtrend. Currently trading around 4310.
On the technical side, the 4-hour Bollinger Band is opening downward and diverging. After the price broke below the lower band, the downtrend continued. The MACD histogram continues to expand with significant volume, maintaining strong bearish momentum. Although the KDJ indicator has entered the oversold zone with some technical correction potential in the short term, the overall trend remains bearish.
Operationally, short positions can be established in the 4310-4295 range, with targets toward the 4270-4200 zone. #黄金 $XAUT