Evening Gold Strategy | This resistance level continues to suppress the bears tonight

Gold Digger Old Cat 2026.04.20

The certainty of the market always lies in the key levels that are repeatedly tested.

Looking back at the day's行情, our predetermined pressure zone of 4800-4815 was perfectly effective throughout the day. Every rebound touching this zone was firmly suppressed by the bears, multiple attempts to push above 4814 were met with a reversal, and no one could effectively stabilize above it. The validity of this resistance has been repeatedly confirmed by the market, and the bulls have no strength to fight back around this area.

The core idea for tonight remains to focus on shorting, with the 4800-4815 pressure zone still dominated by the bears. As long as the price rebounds near this area, it is a confirmed opportunity to enter short positions without hesitation.

We will follow the rhythm for the lower targets, first watching the nearby 4770, which is the short-term first support and near today’s European session low. If the bears gain momentum, this level is likely to be quickly broken. Once below 4770, the downward space will open directly, and we can then look towards the 4730-4700 zone, fully capturing the bear profits. In terms of operation, avoid chasing shorts; wait for rebound opportunities, hold trend trades, and let profits follow the market.

The above content is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks, so please ensure proper risk management when trading. #黄金