Current Market Signal (Bearish)



- Price continues to stay below SuperTrend(4201.41), indicating a downward trend, favoring short positions

- Upper double resistance: 4201.41 (indicator line) > 4224.17 (previous platform), any rebound to either level presents a shorting opportunity

- Support at 4161.58 below; if it is effectively broken through the purple dashed support line, the bearish space further opens; if this support holds, a short-term oversold rebound may occur

Conditions for Reversal to Long Entry

Only when the following two points are met will the signal turn bullish:

1. Closing price rises above SuperTrend line 4201.41

2. SuperTrend switches from the red bearish zone to the green bullish zone
Until the criteria are met, all rebounds are considered merely bearish corrections, and heavy long positions are not recommended #现货黄金跌破4200美元 $XAUUSD
XAUUSD-2.38%
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