4.6 Analysis of current gold trend

4.6 Analysis of current gold trend

Trend judgment:

K-line breaks the middle track of Bollinger Bands, short-term bearishness dominates; Bollinger Bands open downward, and the downward wave continues.

Key signals:

3000 mark: If it falls below, it will open up downward space (target 2980-2950); if it stabilizes, it may rebound technically (target 3030-3050).

3030-3050 area: If the K-line fluctuates in this area, it can be regarded as a second bottoming out; if it stands firmly at 3055, be alert to a rebound to 3070.

Strategy
1. Short order (preferred)
Entry: 3050-3055 light position to try short, if it rebounds to 3065-3068, increase the position (stop loss above 3072).

Target: 3030→3015→3000 (step reduction).

2. Long order (caution)
Entry: Long after the 3005-3010 area stabilizes (stop loss 2997).

Target: 3030→3045 (quick in and quick out).

3. Follow up after the break
Lower position breaks 3000: chase short (stop loss 3010), target 2980→2950.

Upper position breaks 3070: wait and see whether it will fall back to 3055 and stabilize, then consider short-term long (target 3080).

Risk warning
Sweep market continues: recent volatility is drastic, avoid chasing ups and downs, and wait for key positions to be confirmed.

Data and events: Pay attention to the Fed's policy expectations and geopolitical situation. If there is a sudden positive news, the rebound may accelerate.