Gold Violent Rebound! The 4500 Level Becomes a Life-and-Death Line for Bulls and Bears

Golden Cat Mining
2026.03.25

True trading is about finding certainty within uncertainty and maintaining your own boundaries.

In the early session, gold continued its rebound trend, quickly surging after the market opened. Currently, it is quoted around 4482, staying above the upper Bollinger Band. The morning momentum is relatively strong, and it is expected to continue the rebound in the afternoon before facing resistance and pulling back. Overall, the main approach remains to consider high positions for shorting.

From a technical perspective, gold prices broke through the resistance at the Bollinger Band upper rail of 4478. The MACD shows a golden cross diverging upward, indicating that bullish momentum is gradually releasing. The KDJ indicator has entered the overbought zone, suggesting that while the short-term rebound is strong, there is a need for a pullback. The key support below is in the 4450-4440 range, which is the starting point of the morning rally and near the middle Bollinger Band. If prices pull back and stabilize here, it will present a low-buying opportunity. The short-term resistance above is concentrated in the 4500-4510 range, an important previous resistance level where rebounds often encounter selling pressure. A strong breakout above this zone could open up space toward 4530-4550.

The early trading strategy focuses on buying low and selling high, with a preference for shorting at higher levels. Aggressive traders may attempt short positions lightly in the 4500-4510 range, with a stop loss above 4520, targeting 4460-4450. Conservative traders should wait for a pullback to stabilize around 4440-4450 before entering long positions lightly, with a stop loss below 4430, targeting 4490-4500. Overall, control the range between 4440 and 4510, avoid chasing orders, strictly set stop losses, and manage position sizes carefully.

Investing involves risks; trade cautiously. The above content is for reference only and does not constitute any investment advice.