Gold Oscillation Pattern Clear! Trade by Position, Lock in Profits Steadily!

Golden Cat Mining
March 18, 2026 00:00 AM

The confidence in trading never comes from betting on one direction, but from holding the range well and executing based on signals. Every time support stabilizes, every time resistance is tested, the market is giving clear opportunities. Keep a steady mindset and act decisively to turn volatility into profit.

Around 7 PM last night, we clearly provided a long strategy within the 4980-4960 range. The market bottomed near 4973 and rebounded. Currently, price is oscillating around 5000, with resistance gradually emerging above.

On the technical side, the short-term remains weak with insufficient rebound strength, and the bearish structure has not changed. On the news side, market sentiment remains depressed with high interest rate expectations suppressing gold prices. Currently there are no clear bottom-forming signals. My continued bearish outlook and expectation for deep pullback is objectively sound and directionally correct.

Evening operations will continue around the major range: Watch the 5030-5050 resistance above; if pressure is not broken through, short directly. Watch the 4960-4980 support below; if stable without breaking, go long with light positions. Execute when levels are reached and strictly stop-loss on breaks.

Medium to long-term targets: With continued market depression, I continue to expect deep pullback with an anticipated range of 4800-4600 to complete bottom formation. After stabilization, then watch for opportunities to return above 5000.

Disclaimer: The above analysis is merely personal trading thoughts and does not constitute any investment advice. Operate at your own risk accordingly.