3.26 Goat Evening Review:

Today's gold overall went through a "high surge followed by a drop, then a bottom-hunting rebound" rhythm. In the morning session, it surged to a high before retreating under pressure; in the afternoon, the downward trend accelerated, quickly dropping to the intraday low, but the key support level showed strong performance, and after hitting the bottom, the price quickly rebounded, ending slightly higher, indicating a clear alleviation of the market's weakness.

The news environment is mixed, bringing a relatively complex operating environment for gold prices: the geopolitical situation in the Middle East remains tense, and safe-haven buying provides strong support below for gold prices; at the same time, U.S. economic data performed well, and market expectations for a Federal Reserve rate cut have cooled, with the dollar and U.S. Treasury yields rising slightly, but the upward momentum is weak and has not formed sustained pressure on gold prices, thus significantly limiting the downside space for gold, and funds are beginning to seek layout opportunities at low levels.

On the technical side, signals of bottom stabilization are becoming clearer: prices successfully halted the decline near the lower track, the Bollinger Bands' lower track is starting to flatten, and the downward rhythm is slowing; MACD green bars are continually shortening, the fast and slow lines are approaching a golden cross, and RSI is recovering upwards from the oversold area, with rebound momentum gradually accumulating. Although short-term moving averages are still in a bearish arrangement, the support below has become relatively solid, and opportunities for long positions at low levels are gradually appearing.

In terms of operations, attention can be paid to making long positions near 4420—4430, with an initial target of around 4455 and further looking towards around 4520. $BTC #特朗普希望尽快结束对伊朗战争