XAU This may be the last support level of the gold 4 prefix Today, global markets are all falling, starting with the circuit breaker in the South Korean stock market, while the US stock market, as well as cryptocurrencies, gold, and others, are all falling before the market Reviewing the gold market: From a technical perspective, at the beginning of the month, it fell below its previous low and approached a defensive rebound of around 4000. Currently, it has once again touched the vicinity of 4000 and stopped falling in the low OB support zone at the 4-hour level. This may be the last support range for the gold 4-letter prefix. If we hold on to the rebound and stabilize at 4250, it will be the best bottom position in the subsequent rebound market. Therefore, the interval of 4050-4090 is worth paying close attention to small-scale reversal signals. On the contrary, if it falls below, it will move towards the target range of 3800. Macroscopically, the current bearish trend in the entire market is not only driven by the stock market, but also by the heavy pressure of interest rate hikes. The expectation of three interest rate hikes by Bank of America over the weekend in 26 years has increased market fear. But the long-term bullish trend of gold has not changed. The central bank's continuous 18 month buying and the instability of the global credit system, as well as the worsening geopolitical risks, will trigger the safe haven nature of gold at any time. Overall, gold is worth paying attention to, and the trend is bullish. Find opportunities in the current adjustment. XAAmericaD_