Cici助理A_Weib铭(@cici1016666)'s insights

Gold is facing strong resistance above 4600, and yesterday it continued to dive down. The high volatility has been realized, and it is clear that the target is 4480-4355 for a gain of ①②〇. Currently, gold (XAU/USDT) is in a clear downtrend, with prices having fallen below the middle band of the Bollinger Bands, and both the MACD and KDJ indicators show that bearish strength is dominant, indicating a weak short-term trend.
The current trend is bearish, and it is recommended to primarily short on rallies. A rebound near 4460-4520 can be considered for partial shorting, with a stop loss set above 4550; 
Target is 4370-4355, and if it breaks below, one can follow the trend down to the vicinity of 4325-4300-4260.

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Gold is facing strong resistance above 4600, and yesterday it continued to dive down. The high volatility has been realized, and it is clear that the target is 4480-4355 for a gain of ①②〇.

Gold is facing strong resistance above 4600, and yesterday it continued to dive down. The high volatility has been realized, and it is clear that the target is 4480-4355 for a gain of ①②〇.