# Gold Plummets Over 100 Points! After Failed Challenge of 4900, Bear Rally Intensifies—High-Altitude Short Strategy Remains Unchanged!

**Juekin Lao Mao**
March 19, 2026

True trading is never about predicting every fluctuation, but rather maintaining your rhythm within the trend.

Last night's price action was completely in line with our bearish outlook. After failing to break through the 4900 level, price came under pressure and retreated. It subsequently consolidated around 4800 in the short term, then resumed its downward momentum during the midnight session. At market close, price settled around 4814, with bearish momentum continuing to release.

From a technical perspective, price has completely broken through the lower Bollinger Band, with the moving average system in a bearish alignment. The short-term rebound strength is extremely weak, with every minor bounce becoming a springboard for new bearish pressure. Overall trend remains biased downward. Current price oscillates in the 4810-4825 zone. While there are brief stabilization signals, no clear reversal signals have emerged, and the bearish-dominated pattern remains unchanged.

Operationally, we continue with a low-buy, high-sell strategy, with emphasis on shorting at higher levels. Watch for resistance in the 4840-4850 zone—if price rebounds to this level, consider establishing short positions, with stop loss above 4860 and targets first at 4800, then 4780-4760 on break. If price touches near 4780 on the downside, light longs can be attempted at stop loss 4765, targeting 4810-4820.

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**Disclaimer:** The above analysis is solely a personal perspective and does not constitute any investment advice. Investing carries risks—trade cautiously.