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March 26 midday outlook: support at 4480-4500 has turned into resistance
Before the European session, gold quickly broke below 4500, showing short-term weakness. Support levels are at 4440 and 4400. The 30-minute chart shows a bearish moving average, and the volume decline during the drop is just a technical rebound; the rebound is still likely to weaken again.
Trading suggestions:
The support at 4415 is effective. For rebounds to the 4480-4500 range, consider short positions with strict risk control: small positions + stop loss of $4-5. Due to high volatility, avoid holding large positions overnight.
#加密市场回涨