Afternoon Yellow Fish Market Trend Analysis

Gold Digger Lao Mao | 2026.04.14

On the trading road, it’s never about who trades more often, but about who manages risk better and who can maintain their rhythm in an uncertain market.

From a technical perspective, the current 1-hour Bollinger Bands are showing an opening upward trend, with the gold price currently trading above the midline of 4744. The midline support is effective, and the overall bullish trend remains unchanged. The upper band around 4788 is a short-term strong resistance level. Support below is gradually moving higher, with the lower band around 4701 still being a strong support zone. After testing the bottom and rebounding in the morning, the short-term range is oscillating between 4750-4777. In the afternoon, it is likely to continue with a slightly bullish oscillation pattern, with the price retracing but not breaking the midline support. As long as the bullish trend persists, there is still momentum for continuation. The VR indicator is currently at a neutral level, with market bulls and bears in relatively balanced competition, and no extreme volume signals have appeared. Short-term volatility is limited, making it more suitable for low buy and high sell within the range.

The market should pay close attention to the U.S. March PPI data released at 20:30 tonight, which is a key catalyst affecting short-term gold price movements. If the data falls short of expectations, it will strengthen the market’s anticipation of a Fed rate cut, which is bullish for gold. If the data exceeds expectations, it may trigger a short-term correction in gold prices, but geopolitical risk aversion will limit the decline. Overall, before the data is released, market trading will be relatively cautious, and the afternoon trend is likely to remain in a consolidation pattern.

In terms of operations, the strategy continues to focus on buying low and selling high, with short-term selling as a supplement. In the afternoon, pay close attention to buying opportunities in the 4755-4760 range, with stop-loss set below 4740. The initial targets are 4775-4777, and upon breakout, the next target is the upper band at 4788. Aggressive traders can try light short positions in the 4777-4780 range with a stop-loss above 4790, aiming to revisit 4760-4755. This is only for ultra-short-term trading; holding positions overnight is not recommended. After the evening data release, adjust your strategy according to the market direction, strictly control position sizes, and implement risk management.

Disclaimer: The above content is for sharing personal trading ideas only and does not constitute any investment advice. The market carries risks; please trade cautiously.