7.1 Gold Analysis: The lower band's 'fig leaf' is still there, but the middle band is harder to catch than an ex



On the 4-hour chart, gold prices are barely clinging to the lower Bollinger Band (3982), with the current price at 3985 barely 'holding its ground,' but the middle band at 4046 is like an iron gate, with rebound space visibly narrow.
The KDJ three lines are 'sticky' around 50, oscillating between golden cross and death cross repeatedly, neither oversold nor showing bottom divergence. The weak rebound is solely supported by the main force's $16.56 million buy order 'forcing the drama'—but don't be moved. The net inflow of -$14.45 million reveals the truth that funds are using the opportunity to flee. Large buy orders are often the prelude to 'fishing lines,' designed to curb all kinds of chasing impulses.

In terms of volume, the average VOL is declining. A bullish breakout with increasing volume? Not happening.
The 1-hour stepwise decline combined with the 4-hour lower band support, although there is short-term technical resistance, the medium-term bearish structure is as solid as a rock—after all, the Fed's hawkish echoes linger, real interest rates weigh heavily, and the geopolitical premium has long been squeezed out.

In terms of operations, a pullback to the 4000-4046 range remains a bear's playground. Unless the middle band is broken through with volume, treat any rebound as a 'zombie' move, at best providing a pullback entry point for shorts to add positions.

Remember: bottom-fishing is like opening blind boxes, try shorts with stop-loss in place. The main force's acting is top-notch; don't be fooled by buy orders. The market specializes in curing stubbornness; watch the storm with a smile.

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