6, April 24 Afternoon Market Trend Analysis Strategy:



Domestic gold prices continued to decline after being pressured at 4112, with the lowest point reaching 4050 during the session, followed by a slight rebound. The current price is around 4089, and the overall bearish trend has not changed.

The one-hour Bollinger Bands remain downward sloping, with prices previously weakening along the lower band, indicating a short-term oversold correction. The 10-day moving average at 4085 and the 20-day moving average at 4105 form multiple resistance levels, with 4105 being the evening key level for bulls and bears. The MACD indicator is in the oversold zone, suggesting a small rebound may be needed in the short term, but the downward channel is intact, and the rebound is merely a technical correction.

The US dollar index remains volatile at high levels, with the market continuing to price in the Federal Reserve's high interest rate policy. The fundamental bearish factors still dominate, and a brief rebound is unlikely to reverse the overall downward trend.

Suggestions:
- Consider short positions in the 4090-4010 range, targeting 4050 and 4030;
- If the price stabilizes above the 4105 resistance level, then consider short-term long positions to continue the rebound.

Note: The above analysis is for technical reference only and does not constitute any investment advice. #黄金 #黄金 #黄金行情 #XAU
USIDX0.29%
XAU-1.52%
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