Signals are emerging! Gold has stabilized above the midline, short positions are taken profit, and the bulls are officially taking over.

Gold Digger Old Cat
2026-03-27

The essence of trading is to follow the trend. Understanding the signals is key to capturing profits.

In the early session, we relied on high-level resistance to establish short positions. As the price retraced near the lower Bollinger Band, all short positions were successfully closed for profit. Subsequently, the market stabilized and rebounded. After the 1-hour price stabilized above the Bollinger middle band at 4417.75, we promptly advised everyone to stop shorting and shift to a bullish strategy. Currently, the price continues to rebound strongly, reaching a high of 4449.55. Bullish momentum remains strong, and the short-term trend is clear.

From a technical perspective, the 1-hour Bollinger middle band has become a key support level. After the price stabilized, moving averages turned upward, MACD showed a bullish crossover with increasing volume, and KDJ remained high. Key support is at 4420-4415, with initial resistance at 4450-4455. A breakout above that could target the upper Bollinger band near 4475.

Strategy direction: Maintain confidence in a low-buying approach. Consider buying in stages on dips around 4425-4420, with a stop loss below 4410. First target at 4450, then 4470 if broken. If the price surges to 4475-4480, try a light short position with a stop loss at 4485, targeting 4455-4450.

⚠️ Disclaimer: The above analysis is for personal trading ideas only and does not constitute any investment advice. The market carries risks; trade cautiously.