2026-04-02 03:36:03

4.2 Midday Gold Analysis

On the 1-hour chart, gold surged to 4794 and then quickly retreated, dropping to a low of 4651. Currently, it is oscillating around 4690. Although there are signs of short-term stabilization and a rebound after the sharp decline, the overall trend remains within a downward channel. The market is relatively weak, with bulls struggling to sustain the rebound, and the medium-term bearish pattern remains unchanged.

While there is a short-term stabilization and rebound, the downward trend has not been fully broken. Currently, around 4700, it is not advisable to blindly chase long positions. The rebound still presents a shorting opportunity, and following the trend to short at higher levels remains the main strategy.

Trading Suggestions

Short: Short around 4720-4750, targeting 4650✓, break below to 4600
Long: Light long near 4650, targeting 4750✓$BTC $ETH #四月行情预测 #金银同步走强

BTC-3.67%

ETH-4.84%

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