On December 30th, during midday, the gold market started its anticipated buildup and rebound, gradually recovering from lower levels. In the short term, the rhythm clearly shifted from a weak stabilization to a oscillating rebound.

Looking at the hourly Bollinger Bands, the middle and upper bands are still diverging downward, indicating that the bearish momentum has not fully dissipated; however, the lower band is showing a clear upward turn, which is a key signal—indicating that the support below is gradually strengthening, and the entire channel is slowly evolving from a one-sided decline into a consolidation correction pattern.

Once the price touches the lower band, it immediately rebounds upward, with trading volume increasing in tandem during the rebound. This proves that the support at the lower band has sufficient buying power. This immediate reaction is a typical technical feedback after the Bollinger Band lower band turns upward. Additionally, on the hourly chart, the MA5 and MA10 form a golden cross after the price rebounds and move upward, although it has not yet broken through the MA20, it has already disrupted the previous bearish arrangement, further confirming the technical validity of the short-term rebound.

Trading reference: Enter at 4340, add positions at 4329, set stop-loss at 4320, and continue to watch the range of 4380-4408.