March 26 Evening Analysis:



From the market perspective, the price has fallen back from the high of 71,999.9. A series of large bearish candles have broken below the lower Bollinger Band, as well as the MA7/MA30 and EMA7/EMA30 moving averages. The moving average system has fully turned downward, forming a bearish alignment, indicating a complete weakening of the short-term trend. The KDJ indicator's K/D/J values have all entered the oversold zone and continue to diverge downward, with bearish momentum still being released, making the rebound very weak. The current price has broken below the key support at 69,500, with a low of 69,127.2. The moving averages above and the middle line of the Bollinger Bands form strong resistance. The short-term rebound space is limited, and the downward trend is clear. It is recommended to follow the trend and look for short opportunities, with a focus on support around 69,000.

Operation suggestion: 69,700-70,200 short, target 67,700-68,200.
XAUT-3,26%
GT-3,1%
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