Yesterday, the gold market experienced severe volatility, with prices declining sharply from previous highs and touching a low of 4514.11, followed by a recovery rebound. Our early high-altitude layout at 5010 perfectly materialized over 500 points of downside space—this operation was flawless, with profits maximized! Currently, gold presents a "sharp decline followed by weak rebound" pattern, with long and short forces entering a phase of contest. The major trend remains bearish.

From a technical perspective, the daily trend is clearly bearish. Although price rebounded after breaking below the Bollinger Band lower band, it remains near the lower band with the bands opening downward overall. The medium-term downtrend has not fundamentally reversed; the rebound is merely a technical correction during the decline. On the 4-hour level, price rebounded from near the lower band and currently remains below the middle band, with the bands opening downward and clear resistance above. Before breaking through, rebound heights are severely limited. Short-term bullish momentum has recovered somewhat, with the rebound trend continuing, but this does not change the medium-term bearish bias. Our operational approach remains unchanged—maintain high-altitude shorts as the main strategy!

Gold rebound controlled at 4730-4750, downside target 4630-4550
#Gate13周年全球庆典 $XAU