Midnight Gold: The rally and pullback window has appeared; a bullish approach can steadily secure profits

Gold Digger Lao Mao
2026-04-17

On the trading journey, the most difficult thing is not judging the direction, but consistently executing your trading plan. Market fluctuations never change because of anyone’s emotions. Those who can go far are the ones who maintain their rhythm through big rises and falls—neither greedy nor fearful, calm and composed.

The midnight session shows a strong upward push, with prices quickly rallying from lows, reaching a high of 4891, currently quoted around 4862. The short-term trend is somewhat strong, but the price has clearly deviated from the upper Bollinger Band, indicating an overbought condition and a need for a pullback.

Key resistance above is in the 4880-4900 range, where selling pressure is relatively strong; a short-term bullish approach is more prudent. Support below is at 4850-4840; if broken, then look at 4800-4780.

In terms of operation, consider gradually shorting around 4880-4890, with a stop above 4900. The initial target is 4850-4840; if broken, then look at 4800-4780. If the price pulls back to stabilize around 4840-4830, a light long position can be tried with targets at 4870-4880.

The above is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks; invest cautiously. Strictly set stop-losses and rationally control position sizes. #黄金