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Yesterday, the gold price opened lower with a gap down, and the market saw a one-way decline, with the bearish trend showing unusually clear strength. Any rebound is an opportunity to get on the short side.
Currently, the gold price is under short-term pressure around the 4,000 level. The overall rebound on the chart is weak, and the downtrend has not changed.
The current gold price is holding and stabilizing at low levels, maintaining a sideways consolidation. In the short term, there is a need for an oversold rebound to recover. Watch the 4,030 area above.
Trading suggestion: short at the 4,030 and 4,045 zones, target 3,980 and 3,940.
$XAU #加密市场回升