#外汇黄金[超话]# Good morning everyone!

Gold morning analysis. From the 1-hour chart perspective, the market has formed a clear and definitive downtrend structure, with prices continuously trading below various short-term moving averages. The moving average system as a whole presents a standard bearish arrangement. Short-term rebound strength is relatively weak, with obvious upside pressure characteristics. Multiple moving averages above will form step-by-step resistance, and rebound space is likely to be limited.

Following this round of sharp selloff, the chart has consecutively shown small positive candles and doji patterns, presenting an overall low-level consolidation pattern. This type of formation more likely represents pullback continuation consolidation, or a weak stabilization signal. Currently, there are no clear reversal K-line combinations or bottom structure formations, so it is not considered a trend reversal signal for now.

Operationally, gold's price action today is expected to first pull back near 4540, with longs stopped at 4534. If broken, go long at 4500 with stop loss at 4490. Target levels at 4600, 4650#黄金##金价##美联储3月议息##Discuss Stock Market#Gate13周年全球庆典