XAU Gold Market Analysis 2026.03.31

The 4098 level for gold is the end point of the first major decline phase. Currently, the market is experiencing a rebound from the decline shown on the left side of the chart in red or blue segments.

If this rebound is from the blue segment decline, then the rebound level should correspond to the blue segment decline, meaning the rebound end point will fall within the blue zone on the chart.

If gold can quickly hold above 4603 this week and does not break below 4350 afterward, it has the potential to develop into a rebound against the red segment. This rebound path would have a higher level than the blue route mentioned earlier, so the rebound end point would fall within the red zone on the chart.

In terms of operation, first observe whether it can break above 4603. After testing this level upward today and then closing, it indicates that the upward momentum is not strong enough so far.
Once it breaks above, look for high-probability long opportunities on the right side.
Before breaking 4603, it suggests that the rebound at the same level as 4100-4603 has not yet started. But as long as it does not break below 4100, the final rebound end point will at least be in the blue zone or above on the chart.
Therefore, the closer to 4100, the better the risk-reward ratio for long positions.

Good entry points are on the left side, and high success rate entries are on the right side. The gold rebound is likely to continue for some time. #XAU $XAUT