Gold touched a key support level last night and rebounded, but the bulls couldn't sustain the momentum. Today, expect a technical pullback, mainly trading the rebound with short positions!

From the current market perspective, after breaking down on the hourly chart, it has entered a phase of oscillation and correction, but the price is trading below the middle band of the Bollinger Bands, and the short-term moving averages are gradually turning downward. The continuous resistance on the 1-minute rebound indicates that the short-term bullish momentum is weakening. If it cannot regain the 4535 level today, the bears still hold the advantage, and the bulls cannot open up upward space.

For today’s operations, focus on shorting the rebound, waiting for a short entry between 4532 and 4537, with targets at 4510 and 4495 (if it breaks below 4490 again, pay attention to the strong support area around 4460). $BTC $ETH $SOL