4. Review of March Market Conditions

Looking back at March's market trend, tensions in the Middle East triggered a collective decline in global markets; as the ceasefire process advances, market panic gradually dissipates, and risk appetite clearly recovers. The market has continued to recover this month, currently returning to the pre-conflict operational range.
As the situation eases, gold's technical pattern also enters a recovery window, highlighting short-term buying opportunities at lower levels.

Based on the 4-hour chart analysis, the short-term key support for gold is at 4510-4515, which is a critical defensive level in recent trading; the first resistance above is at 4600-4610, with medium-term strong resistance concentrated at 4635-4650. This range is the core point for judging the continuation of the rebound. Overall, the short-term trend leans toward oscillating rebounds, with trading strategies focusing on buying at support levels, and key points during the session will be monitored in real-time.

Personal Trading Reference

Current price range of 4535-4545 can be directly bought at lower levels; if the price retraces to the support zone at 4510-4515, add to long positions; stop-loss is set at 4497, with the first target at 4600. Upon a successful breakout, the target can be extended to 4625-4635.

Warm reminder: The above is only a personal market observation summary. Market volatility involves uncertainties; trading operations should strictly control position risks. #黄金行情 #黄金 #黄金交易 #黄金🔥 #XAU