Gold Midnight Strategy

Gold Digger Laomao
April 9, 2026

The essence of trading is to hold onto your own confirmed rhythm in an uncertain market. When the direction is right, every rebound gives you a chance to get on board; when the direction is wrong, every position you hold is like handing money to the market.

After gold surged high to 4857.46 today, the main outlook for the whole day was firmly bearish. Based on the 1-hour Bollinger Band upper rail resistance, the whole session mainly focused on shorting from high levels. The pressure level was accurately shifted from 4840 down to 4808. Every key resistance level was laid out at the exact turning points. The low-long setup was only used for extremely short-term assistance and hardly participated. Although the final waterfall wave in the evening couldn’t be fully engaged, the core direction was completely correct, and friends who followed the rhythm safely captured their profits.

From a technical perspective, after the 1-hour Bollinger Bands opened up significantly, the price kept retreating from the upper rail high of 4857.46. The current price has already broken below the middle rail support at 4791.94, and the lower rail at 4727.69 has become the key support below. The KDJ indicator’s three lines are diverging downward in sync, and bearish momentum is still being released. The evening will continue with the same high-level shorting mindset.

For midnight trading, it still remains mainly high-level shorting. On rebounds in the 4780-4790 range, build short positions in batches. Defend above 4805. Targets are lower at 4750-4730. If the level breaks, hold for the previous low at 4713. Only take a light long position in the 4730-4720 range to gamble on an ultra-short-term rebound—quick in, quick out, and don’t linger.

Disclaimer: The analysis above represents only personal views and does not constitute any investment advice. The market is risky—invest with caution. Trading based on this is at your own risk; gains and losses are your responsibility.