Gold Evening: Rebound and Shorting Remain Unchanged, Downtrend Unaltered

Gold Digger Old Cat
March 26, 2026

The essence of trading has never been prediction, but response. Every entry is a game of probabilities; only discipline can help you preserve profits amid volatility.

Tonight, gold continues its intraday bearish trend, with prices oscillating within the 4413-4445 range to digest previous declines. The overall trend remains downward, with no clear reversal signals.

From a technical perspective, on the 15-minute chart, prices are under pressure at the middle Bollinger Band at 4437. The Bollinger Bands are diverging downward, and the moving averages are arranged in a bearish configuration. Although the MACD green bars are shrinking, they remain below the zero line, indicating that bearish momentum still dominates. While there is a short-term oversold rebound demand, the trend remains unchanged, and the rebound still presents a high-altitude shorting opportunity.

Trading-wise, continue with the bearish strategy. In the short term, consider entering short positions in batches around the 4465-4475 resistance zone, with stop-loss above 4480. Targets are set at 4430-4420, with a break below potentially reaching 4410. If the price drops below 4413 and quickly rebounds, consider light long positions in the 4415-4425 range, with a stop-loss below 4405, targeting around 4440.

Warm reminder: The above analysis is for technical reference only and does not constitute investment advice. The market carries risks; trade cautiously and be sure to set strict stop-losses.