Evening Yellow Croaker: Rely on support, mainly low positions



Gold Digger Old Cat 2026.04.15

In trading, the biggest taboo is being led by emotions, panicking to chase short positions after a decline, rushing to chase long positions after a rise, often ending up getting hit from both sides. These days, the bullish and bearish shifts are very frequent, the market moves quickly, and switches are fierce. The more this happens, the more you must avoid chasing one-sided trades. Stay calm, stick to your rhythm, and don’t be swayed by the surface of rises and falls, so you can steadily capture your profits.

From a technical perspective, the one-hour decline has basically been exhausted, and the price has just retraced to near the lower band of the Bollinger Bands, showing support strength. Our long position zone is based on the lower Bollinger Band and previous lows. The previous low around 4787 is a secondary support, while around 4770 is a stronger bottom defense level. Relying on these two support zones to go long keeps risk manageable and offers better value.

We won’t interpret the news much for now; the focus remains on the strength of technical support and rebound momentum. In fast-paced markets, don’t follow the trend blindly.

Operationally, tonight’s core idea is to go long at low levels, avoiding chasing one-sided rises or falls. Prioritize buying in batches between 4787-4791, which combines the lower Bollinger Band support and previous lows, serving as the first effort point for bulls. If the market dips to around 4770, it’s still an excellent opportunity to add to long positions. The first target above is the middle Bollinger Band at around 4823, a key resistance for short-term rebounds; breaking through that, look at the previous high near 4854 as the secondary target. Overall, focus on retracement-based longs, avoid chasing shorts or chasing rises, strictly control position sizes, and steadily secure your profits amid volatility.
Disclaimer: The above content is for sharing personal trading ideas only and does not constitute any investment advice. The market carries risks; trade cautiously. #黄金🔥
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