The Bollinger Bands are expanding downward, moving averages are bearish across the board, the overall downtrend is solid, and the minor rebound in the early morning is just a temporary recovery after a sharp decline, with no signs of trend reversal.

After the gold price dipped to a low of 3959, it rebounded slightly. The bullish momentum is weak, and upward movement is likely to fall back under selling pressure. Every rebound is an opportunity to short.

Trading strategy: Short in batches as the price rebounds to the 4020-4040 range, initially targeting the 3950 support, and further looking to 3900 if the support is lost. #黄金