YeYouyuan

Extreme overbought conditions, a pullback is inevitable. Gold prices are still declining, and the target level is within reach!

4.8 Gold fluctuates within the range, beware of midnight plunge
On the 4-hour chart, gold prices are oscillating and recovering, with weak momentum. MA5 and MA10 are nearly overlapping, indicating that the bullish and bearish forces have reached a short-term equilibrium, lacking a clear trend direction. The MACD shows a bullish crossover below the zero line with decreasing red bars and flattening double lines, indicating a risk of a second death cross. The bullish momentum is insufficient. RSI has fallen back to the neutral zone of 40–50, indicating balanced bulls and bears. KDJ is turning dow

4.7 Gold Short Position Thinking Released: Selling on Rallies Is the Main Trend
From the 4-hour price action, after gold price formed a stage peak at 4706.67, it has entered a clear pullback. The candlesticks show an alternating structure of big bearish candles smashing the market plus small bullish and bearish candles for repair. The highs are gradually moving lower, and the lows are dropping in tandem, forming a standard descending channel. The price has effectively broken below the lower bound of the previous 4650-4660 consolidation range. This range has completed a full conversion from a s

4.6 Gold Oversold Rebound: Can Gold in the US Session Still Break 4700?
Looking at the 4-hour chart, MACD has formed a golden cross below the zero line with increasing red bars, indicating that the bearish momentum has been fully exhausted and the bullish momentum is steadily building. The RSI has risen back to the 55-60 range, successfully escaping the oversold zone, with bullish sentiment continuing to recover and not yet entering the overbought territory, leaving room for further upside. The lower Bollinger Band is flattening, and the middle band is turning upward; prices have rebounded str

4.6 Gold faces resistance at the 4660-4680 region. Where can short positions be targeted?
Market Review:
The international gold price opened at $4,652.28 per ounce, quickly dropping to $4,599.7 per ounce during the session, nearly breaking the key support at $4,600. After a slight consolidation, it rebounded sharply. Based on the current trend, gold is unlikely to surge significantly higher; resistance at higher levels is evident. The overall trend is likely to remain weak, continuing downward, with the specific decline depending on market sentiment changes.
From the current chart: On the dail

4.6 Non-farm data bearish for gold; will Monday's opening see a big plunge?
On Thursday, gold opened at 4757 in the morning session, briefly dipped to 4751, then quickly surged higher. After reaching the 4800 level, it encountered strong resistance, and the bearish momentum immediately exploded, triggering a sharp crash in prices. The gold price broke through the key support levels at 4700 and 4600 consecutively, with a low of 4553. During the European session, the price rebounded, climbing above 4600, then entered a narrow range consolidation between 4592 and 4635. In the US and midnight sess

4.2 Why Did Gold Plunge 240 Points? Will Gold Continue to Rise During U.S. Trading Hours?
Yesterday, gold opened around 4671, then repeatedly fluctuated throughout the day, with the low reaching 4661, experiencing multiple rounds of ups and downs; during the European session, it continued to rise, then pulled back after U.S. data before strongly rebounding, hitting a high of 4792 at midnight, and finally closing at 4758. The daily increase was 130 points. Today, after opening higher near 4800, gold suddenly plunged, breaking through two key support levels at 4700 and 4600, with the lowest arou

4.1 Gold's Strong Uptrend with Caution for Pullback: Can the Bulls Turn the Tide?
Market Review:
Yesterday, gold opened at $4511.2, with a slight pullback in the early session, dipping to a low of $4482.7 before stabilizing and rebounding. During the Asian session, the bulls gained strength, pushing prices up to a high of $4619.5, then entering a consolidation phase at high levels. After a sideways move during the European session to build momentum, the U.S. session saw another surge, with prices reaching a high of $4687.2. The session ended with a slight pullback, closing at $4667.2.
On the 4

4.1 Morning Review: Gold Breaks New Highs Strongly, Expect a Pullback After a Sharp Rise
The 4-hour chart shows a clear bullish trend, with prices accelerating upward. The overall movement is strong, but indicators are approaching overbought territory. The moving average system is in a bullish alignment, with MA5, MA10, and MA20 diverging upward simultaneously. Prices are supported steadily by the moving averages, with the 5-day moving average forming an important short-term support. The MACD is above the zero line with a golden cross, and the red bars continue to expand, indicating that the b

3.31 Gold Rebounds After Rising, Continue Short Positions in the 4580-4590 Range
Market Review:
Yesterday, gold opened lower in the early session, maintaining a volatile upward trend. It faced resistance around 4515, then retraced, with the intraday low near 4419, before rebounding. During the European session, the rally accelerated, and before the US market, prices surged to around 4580, then oscillated at high levels. My previous blog suggested shorting in batches between 4570-4480, targeting 4530-4500. After the US market opened, gold faced renewed pressure and declined again, with a low ar

3.30 Gold rebounds and correction completed, short positions entered during the European session
On the four-hour chart, gold is currently oscillating at a high level in the 4500–4550 range. The bulls are still dominant but momentum is slowing. The MACD green bars below the zero line are converging, showing a bullish divergence, indicating weakening bearish momentum. RSI is relatively strong but not overbought. The MA5/10/20 moving averages remain under pressure and are turning upward. The Bollinger Bands are opening upward, and the price is oscillating near the upper band. Currently, gold is

3.30 Crude Oil Short-term Pullback, Do Not Chase the High
On the four-hour chart, crude oil has been steadily climbing from low levels, remaining in a strong oscillation/biased bullish structure at high levels. The medium-term upward channel has not been broken. The candlesticks are mostly small doji and small candles with increased upper and lower shadows, indicating consolidation at high levels. The MACD has a bullish crossover with a rising red histogram, showing strong bullish momentum. RSI is relatively strong but not overbought. There is still room for upward movement. The Bollinger Band

3.27 Gold Rebound Meets Resistance, Short Positions Could Capture 80 Points
Market Review:
Yesterday, gold opened around 4511 and oscillated upward, reaching a high of 4545. The bulls briefly continued their rally. During the European session, influenced by easing tensions in the Middle East, market risk sentiment quickly cooled, and funds rushed out of gold, causing prices to plummet. Gold broke through the 4500 level support, with the lowest dropping to around 4412. Before the US market opened, my blog post by Ye Youyuan suggested shorting in the 4460-4470 range in batches, targeting 4380-43

3.26 US market gold short still can gain 100 points, even Jesus can't stop it
Yesterday, the 4H high point kept gradually decreasing. Although the daily chart recovered most of the decline, the overall trend was mainly a rebound followed by a fall, ending at a low level. These are clear signals of weak rebound. My analysis in yesterday’s European session blog was to short at 4560-4570. The price repeatedly pulled back at this level during the session, and early morning it successfully hit the target at 4500. The strategy was accurate!
On the 4-hour chart, the moving averages are under pressure

**3.25 Gold surges strongly, pulling up to 4600 - can key support hold steady?**
Gold experienced a strong one-sided rally today with rapid price appreciation and robust bullish momentum, touching a phase high of 4602.44. K-lines have consecutively formed small-body candles with upper and lower wicks, gradually pulling back, indicating weakening bullish strength. The short-term market has entered a high-level consolidation and pullback phase. Currently, price has converged toward the key support level of 4530-4550. If this support level breaks effectively, it confirms the phase top. Watch the

# March 24: Gold V-shaped Rebound Not a Reversal, 4450 Under Pressure, Remain Short
**Market Review:**
Gold opened lower at 4469.46 USD/oz in early Asian trading yesterday. Short-term rebound followed, successfully filling the gap and touching the intraday high of 4535.81 USD; subsequently, bulls encountered resistance and the market reversed sharply downward, with a one-sided decline. By late Asian session, it plunged to the intraday low of 4099.12 USD.
After touching the low, gold price staged a rapid rebound, returning above 4500 USD briefly in early US session, but bullish momentum quickly

3.23 Gold V-shaped rally recovers 4400, with a potential 300-point decline still possible during the US session
Gold opened lower near 4472 in the morning, briefly rebounded to 4536 before facing selling pressure and collapsing. Market sentiment completely deteriorated as bottom-fishing funds rapidly withdrew. During the European session, the bears accelerated the decline, breaking through the four key round levels of 4400, 4300, 4200, and 4100 consecutively, with a low of 4097. The intraday drop exceeded 8.7%, nearly erasing all gains since 2026, marking the largest single-day decline since M

3.23 Gold Drops 200 Points, Rebound at 4480 Still Profitable 200 Points
Market Review:
Gold opened last week at 5010.7, with a slight rally in early trading. After touching a high of 5045.2 mid-week, it came under pressure and retreated. The market weakened with oscillations and effectively broke through the key support level of 4960, subsequently initiating an accelerated decline. On Friday intraday, it touched a low of 4474.5, with late-session consolidation at lower levels. The week closed at 4497, forming a large bearish candle with a slightly longer upper shadow and full body on the weekl

3.20 Gold One-Way Crash 300 Points, Cautious Bottom-Fishing
Market Review
Yesterday's opening price rebounded from 4827 to 4804 line to 4867 line, then the price dropped rapidly to the intraday low near 4502 and rebounded near 4648. Subsequently, the price oscillated in the 4570-4650 range, and in the early morning after surging to 4663 line, it closed near 4651.
On the 4-hour chart, the overall structure continues to run weak, the moving average system shows obvious bearish alignment, and the medium-term downtrend has not yet reversed.
However, MACD bearish momentum is gradually decreasing, R

3.20 Crude Oil Oscillation Recovery, Pullbacks Are Money for Picking Up
Crude oil experienced high-level oscillation yesterday, testing the $100 mark intraday once again. After failing to hold steady, it retreated and adjusted in the latter half of the night, with lows retracing to around 92, forming a large bearish candle on the daily chart.
From a daily chart structure perspective, oil prices faced pressure at the 100 level and closed bearish, creating a clear impact on both technical patterns and market sentiment. Although the 10-day moving average has not yet been broken, the 5-day moving