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Afternoon Yellow Croaker, the key watershed is right here
Juejin Laomao 2026.04.15
The hardest thing in the market isn’t catching a big move—it’s holding your own rhythm through the swings, not getting thrown off course by temporary ups and downs. Slow down, and you can see the road ahead clearly.
Spot gold is currently quoted at around 4814. After a morning push up to 4871.50, it went into range trading and pulled back. Right now, it’s trading close to a key support area. The 4820–4830 zone overhead is short-term strong resistance, while the 4800 integer level below is the core watershed for this afternoon. Whether it breaks or not directly determines the next rhythm.
The trading range has been laid out very clearly—just follow the signals. If the price rebounds and holds steady above 4820, you can take a light, trend-following long position. The first target is the 4840–4850 zone. If it can further break through the 4850 resistance, the second target can be around the intraday high near 4870. If the price is capped and pulls back, and effectively breaks below the 4800 support, then follow through with a short. The first target is the 4775–4760 zone. If the selloff continues, the second target can be around 4740.
The above is only my personal technical analysis and does not constitute any trading advice. The market is risky; invest cautiously.#黄金🔥