Afternoon Yellow Fish: Range consolidation building momentum, confidently bearish in the evening



Gold Digger Lao Mao | 2026.04.30

Trading relies on calm patience and maintaining the stance, avoiding chaos in the oscillation, and following a firm trend direction.

The hourly Bollinger bands are generally closing and flattening, market fluctuations are gradually narrowing, resistance above is obvious, bullish upward momentum is weak, and indicators show no signs of sustained volume increase.
During the day, it’s unlikely to see a one-sided upward move; overall, it will only maintain narrow-range oscillation.

The intraday oscillation range is controlled between 4540 and 4580, and during the daytime, it’s best to buy low and sell high within this range.
4580 is a resonance resistance level above, so consider short positions at the upper boundary, with a small stop-loss set at 4590 for defense.

If the market unexpectedly sweeps and causes losses, don’t rush to chase trades. Be patient and wait for a rebound near 4600 to re-enter short positions; this level is a key resistance on the daily chart, heavily suppressing upward movement, making a direct breakout in the short term very difficult.

During the daytime, only engage in short-term range arbitrage, and don’t focus on small fluctuations for profit. In the evening, continue to follow the main high-short rhythm and wait for a breakout.

The above is just a personal trading idea share and does not constitute investment advice. The market carries risks; trade cautiously. #黄金
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