Gold's high-altitude outlook: target directly at the 4000 level

Gold Digger Lao Mao 2026.05.05

Going with the trend is king; rebounds are opportunities for the bears.

From the 4-hour chart, the Bollinger Bands are generally opening downward, with prices continuously under pressure below the middle band. The upper band and middle band form layers of resistance, and each rebound is unable to break through key pressure levels. The downward continuation pattern is very clear. Although the CCI indicator shows slight recovery, overall it remains in a weak zone without any reversal signals. The main downtrend has not changed, which is the core basis for our long-term target of 4000.

In terms of trading, firmly go short, and during intraday rebounds of 40~60 points, gradually enter short positions. Place stop-loss above 70. In the short term, watch for 4500-4480, medium-term target is 4300, and long-term continue to hold for the 4000 level. Hold the trend, be patient with your position.
**Disclaimer:** The above content is only a personal trading idea sharing and does not constitute any investment advice. The market #黄金 has risks; investing should be cautious. Operate at your own risk of profit or loss.