Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
3.19 Gold lows continue to refresh, below 4750-4730 is bearish
Looking at the gold daily chart, a large bearish candle has pierced through the 60-day moving average, establishing a bearish trend. MACD shows a death cross with expanding green histograms, KDJ is deeply oversold. On the 4-hour chart, a step-by-step decline is evident with lower highs and continuously refreshed lows. The Bollinger Bands are opening downward, and KDJ is turning at low levels. There is temporary oversold recovery, but the space is limited. Comprehensively, the market action shows oversold conditions. Watch 4750 as resistance above, and there appears to be no effective support below on the short term.
Gold Trading Strategy: Short directly between 4750-4730, stop loss at 4780, target 4650. Light position, strict stop loss.
Disclaimer: The above content is merely personal thoughts and viewpoint sharing and does not constitute operational advice.