Gold Surges Then Falls Unidirectionally, Afternoon Dominated by Bears

Golden Cat Mining
March 25, 2026

True trading is never about stubbornness, but rather recalibrating direction when the market shifts, reading fund sentiment in rallies and pullbacks. Every respect for trends is the most solid protection for capital. Trading with the trend is the foundation of sustained profitability.

After surging to a high of 4602 at 10 o'clock, gold entered a unidirectional pullback rhythm. The afternoon continued the downward trend, declining from above 4600 to around 4548 with oscillations. The 1-hour chart shows consecutive negative candles, breaking through short-term moving averages and the upper Bollinger Band. High-level profit-taking accelerated sharply, with intraday gains nearly half erased. Short-term bullish momentum significantly weakened, with bears dominating the current corrective move.

On the news front, long-short competition intensified. The dollar index's short-term rebound suppressed precious metals performance. While Fed rate-cut expectations continue to ferment, short-term data disruptions amplified volatility. Geopolitical risk premiums are gradually being digested by the market, compounded by overbought technical conditions triggering pullbacks. Funds shifted from long positions to profit-taking, further intensifying downward pressure.

Operationally, maintain a bearish bias. Watch the 4565-4575 resistance zone above; if pressure builds, scale into short positions in batches, targeting 4520-4510. If the 4505-4515 support zone below stabilizes, consider light long positions for short-term trading, targeting 4545-4555. Set strict stop-losses and control position size to mitigate short-term volatility risks.

Disclaimer: The above analysis is merely a personal trading perspective and does not constitute any investment advice. Markets carry risk; trading requires caution. Profits and losses from acting on this are your own responsibility.