Finance Research Society – Interpretation of Gold Trends on March 23, 2026

Core News

The Federal Reserve's March meeting released a strong hawkish signal: maintaining interest rates at 3.50%-3.75%, with only one rate cut expected in 2026, delayed until the end of the year. U.S. Treasury yields are rising, and the U.S. dollar index is stabilizing around 105, directly suppressing gold prices; geopolitical issues in the Middle East have limited support for gold prices, with funds preferring the U.S. dollar for safety, leading to continued pressure on gold prices.

Today's fluctuation range reference:

Support levels: around 4330, around 4280, around 4200

Resistance levels: around 4400, around 4450

Stop-loss level: strictly implement a 10% risk control stop-loss

Trend Judgment

Short-term: Weak fluctuations + oversold recovery, rebounds are not reversals, focusing on range fluctuations

Medium-term: Fed's hawkish dominance, bearish pattern remains unchanged. The gold indicator has broken below the bull-bear boundary and the low point of the significant drop on February 2, which was 4400$. Having fallen below 4400 dollars opens up downside space, and the daily trend is still in a downward trajectory, maintaining a bearish trend.

Operational Recommendations: Participate with light positions, test shorts under pressure during rebounds, and take short-term longs when support stabilizes, with strict stop-loss at $XAU #黄金创43年来最大单周跌幅