Don't panic! Hidden reversal signals after the dark decline in gold, watch for this wave to fall first and then rise tonight

Gold Digger Old Cat | 2026.04.21

The most frustrating thing in trading is not market fluctuations, but inner indecision. Instead of being anxious about rises and falls, it's better to follow your own rhythm, refine your plan, keep your position steady, and leave the rest to the market.

Today, the overall decline, with a brief rebound from 4772 to 4792 during the European session, then losing momentum, and currently weakening again. From a technical perspective, the 1-hour price broke below the Bollinger middle band support at 4802, with the Bollinger bands opening downward. The bearish momentum is still being released, but the price is approaching the lower band, and the downward space is narrowing. On the news front, no major data releases tonight. The market is mainly affected by intra-day technical selling pressure, and the slight rebound in the US dollar and US Treasury yields also exert some pressure on gold prices. Overall market sentiment is cautious.

In the evening session, expect a decline first and then a rise. Focus on the 4765-4755 bottom-fishing zone below. If the price revisits and stabilizes, consider going long, with a stop loss below 4750. The rebound target is 4790-4800, and if broken, look for 4815-4825. Resistance levels are at 4795-4805; if the rebound does not break through, try a light short position, with a stop loss above 4810. The target is to revisit the 4770-4765 range.

⚠️ Risk reminder: The above is only personal technical analysis and does not constitute investment advice. The market has risks; please set your stop-loss properly. #黄金