Short positions fully realized! The rebound window in the U.S. session has opened

Author: Gold Digger Old Cat | Date: 2026.04.21

The end of a one-sided trend is often the starting point of a reversal.

Since midnight last night, we have been consistently indicating a bearish outlook, and this morning we continued to follow the trend. The target levels of 4775-4760 given last night have now been precisely reached. Looking at the 1-hour chart, after the price broke below the BBI indicator line, bearish momentum continued to release, and the Asian session saw a continued decline. Currently, the price is weak and oscillating, with bearish sentiment dominating the market. There are no clear signs of a bottom in the short term.

Next, focus on the continuation of the bearish trend during the European session. If the European session continues to decline inertia, it is likely to test the support around 4745, and then the U.S. session may see a rebound and correction. In terms of trading, you can buy the dip in batches within the 4745-4765 range, with the initial target at the key resistance level of 4800. Once it stabilizes above, it can continue upward, aiming for medium- to long-term positions.

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