Gold Morning Review: No Change in High-Altitude Rhythm, Rebound Is an Opportunity

Gold Digger Old Cat | 2026-04-22

The safest path in the market is always to follow the trend and not be disrupted by short-term rebounds.

Yesterday midnight’s judgment was fully realized, with the market unexpectedly dipping to around 4668, then quickly bouncing back. This rapid decline and rebound confirm that our main high-altitude trend remains unchanged; the rebounds after declines are opportunities to re-enter the market.

On the 1-hour chart, although there is a technical rebound, short-term resistance is very clear. The 4730-4750 zone is currently the most direct resonance resistance, with the ENV channel continuously downward, and VR indicator showing weak buying pressure. The rebound is just a correction within the downtrend, not a reversal signal.

In the past two days, market volatility has increased, and trading ranges have widened. The key resistance above is the 4730-4760 strong resistance zone. A rebound to this area in the morning is the core entry point for short positions, with defensive pressure near 4770. Support below is at 4670-4630; a break below opens up a larger downward space. The overall approach remains firm: mainly short, no bottom-fishing, no chasing longs, follow the trend.

⚠️ Disclaimer: The above content is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks #外汇黄金[超话]#