After the weekend consolidation, gold bulls have no means of counterattack. Yesterday, the price plummeted from around 4540 all the way down to 4124, a one-sided crash exceeding 400 points! Our early-deployed high-altitude strategy once again precisely caught the rhythm, with profits securely locked in.

From the chart structure perspective:

Daily timeframe: Price has effectively broken below all moving average support levels, with moving averages in a completely bearish alignment, and the major downtrend bias is now locked in. Current low-level consolidation is merely technical correction and has not reversed the core bearish structure. 4-hour timeframe: Price continues to be pressured below the midline, with extremely weak bounce strength, every rally is a better short-selling opportunity, and the medium-term downtrend channel remains intact. 1-hour timeframe: Although short-term has some small rebound momentum, upper moving averages provide layer-by-layer pressure, with rebound space strictly limited, and the nature remains weak correction.

Gold: Short around 4450-4480, target lower levels 4320-4230, if broken below, look for 4100#成长值抽奖赢金条 $XAU