Sharp decline followed by a weak rebound! The 4100 critical support line is barely holding, and the rebound is weak, making it difficult to change the bearish trend!

On Friday, gold surged to 4180 at the end of trading but faced resistance and fell back; today during the Asian session, it accelerated downward, touching a low of 4090.94, a key support level, before showing a very weak rebound. Currently trading around 4120. The overall pattern shows a one-sided downward trend of "rising then falling, weak bottom testing," dominated by bears. The 4100 level is the last line of defense for the short-term bulls; once it is effectively broken, a new round of decline will open up.

Technical signals are overwhelmingly bearish: TRIX trend indicator remains in a death cross downward; the daily moving average system is arranged in a bearish alignment; prices continue to be pressured below the 5/10/20-day moving averages; Bollinger Bands are opening downward, confirming a strong bearish trend. The MACD fast and slow lines are deeply diverging below the zero line; although the green momentum bars have slightly decreased, they have not formed a valid golden cross, indicating only a short-term technical correction after oversold conditions, not a trend reversal. The RSI is around 38, in a weak zone, showing that bullish momentum is severely diminished, and the rebound space is limited. The 4-hour price is near the lower band of the Bollinger Bands, with strong resistance at 4160-4180 in the short term, which is the area of yesterday’s breakdown and concentrated trapped positions; any rebound to this level is likely to encounter resistance and fall back.

Steady trading plan: Short at the 4150–4170 and 4220–4240 zones, targeting 4100–4080. If the key support at 4090 is broken, look further down to the previous low area of 4050–4020. Strictly control positions; a rebound is a good opportunity to short. #预测世界杯英格兰VS加纳