The last time gold accelerated downward with a pin, it just hit the VWAP at the starting point of the rally on 2025/2/28.


This time, with increased volume breaking through to a new low, it signals a loss of control.
If it cannot strongly recover the previous low of 4100 today, the support zone below is composed of three VWAPs, ranging from 3750 to 3900.
In an extreme case, it could reach the lower edge of the channel at 3600.
Friends who prefer to go long on the left side should be cautious about controlling their positions.
GLDX-3.31%
PAXG-2.22%
XAU-2.36%
XAUUSD0.55%
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