Gold fluctuates at high levels, with the bullish outlook unchanged

Gold Digger Lao Mao 2026.04.15

The essence of trading is to make high-probability choices in an uncertain market, rather than fighting the trend. The market is never short of opportunities; what’s lacking is patience to hold back and respect for risk.

From a technical perspective, the 1-hour Bollinger Bands indicator shows that the upper band is around 4857, the middle band is near 4799, and the current price is operating near the upper band. Although the Bollinger Bands are expanding, the upper band has begun to flatten, indicating that short-term upward momentum is weakening. After touching above 4850, the price faced resistance and pulled back. The VR indicator has also turned downward from a high level, showing that market enthusiasm for chasing highs has cooled, and a short-term correction and recovery are needed.

The current market continues to oscillate at high levels, maintaining a high-bullish outlook overall. Key resistance above is concentrated around 4850-4860, with support first seen around 4800-4790. If the middle band support is broken, the correction space will further open up to the 4750-4730 area. In terms of operation, focus on shorting rebounds, paying close attention to the second test of resistance levels above, and strictly managing position sizes.

⚠️ Disclaimer: The above content is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks; invest cautiously.