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3.16 Gold Evening Analysis
The 10-minute Bollinger Band is opening and diverging downward, with price trading along the lower band; the mid-band at 4989 has turned lower, forming strong short-term resistance. Key support below: 4973 (Bollinger lower band) + 4967 (previous low), serving as the short-term bullish/bearish divide; a break would open room for further downside, while stabilization could lead to a rebound.
The above analysis is a personal perspective. Market trends change rapidly; all trades should follow live market guidance as the standard!