Gold's Trend Prediction for Next Week: Bearish Momentum Exhausted! Gold Violently Rebounds from Low Levels, It's Not a Trap, a Real Rebound is Coming!
After a rapid decline, gold has shown clear signs of a bottoming out, stabilizing and rebounding in the 4300—4350 area where bearish transactions are dense, and the selling pressure below has basically been released. The market has officially entered a phase of repair and rebound.
Next week will see a critical window: although the medium-term trend remains bearish, the short-term downward momentum has clearly weakened, and a quick rebound from low levels is a typical signal of a bottoming out, not the beginning of a new decline.
Currently, gold prices are stabilizing around the key support level of 4440—4460. As long as this range holds, the rebound space will continue to open up:
The first target above looks at the gap area of 4550—4800; further up, it will face pressure from the descending trend line, compounded by strong resistance at 5050—5100, which will significantly limit the height of the rebound.
Next Week's Operation Strategy
Relying on the support level of 4450 to see the continuation of the rebound, short-term targets first look at 4600—4650; if the rebound strength is sufficient, it can further target 4700—4800. #黄金
When pulling back near 4450, as long as the support is valid, we still focus on low buys, as long as it does not effectively break below 4300, the structure of this rebound will not be damaged. #XAUUSD
If it effectively breaks below 4300 later, it indicates that the downtrend has not ended, and the market will decline again; from the current market situation, this probability is relatively low. #xau