3.27 Gold Midday Market View
Gold is currently in a strong short-term rebound, a medium-term range oscillation, and a long-term trend awaiting a breakout, with risk aversion dominating the short-term market. Technical and news factors resonate with each other.
From a short-term perspective of 1/4 cycle, the price has surged strongly from the intra-day low of 4375.56, reaching a high of 4475.15, and is currently stabilizing above the short-term moving average. Bullish momentum is sufficient, and a continuation of the rebound is expected, probing the resistance range of 4472-4480. If it breaks through, it is likely to challenge the integer level of 4500.
In the medium term, the range oscillation of 4400-4480 is maintained. This round of rebound is driven by risk aversion stemming from Trump’s automobile tariff policy. Although it has not completely reversed the previous oscillation pattern, the short-term bullish sentiment is dominant and not simply a downward correction.
From a long-term perspective, the previous rebound belongs to an oscillating upward structure. If it can effectively break through last week's high, it will open up a new round of upward space; if it is pressured at 4480, there is a high probability of a pullback, returning to range oscillation.
Core direction: Buy on dips as the main strategy, short positions only with light exposure.
Long Position Strategy (Priority)
Entry Range: 4450-4455 (near the current BOLL middle track support, stabilizing after a pullback)
Targets: First target 4470-4475 (intra-day high), second target 4480-4485
Risk Control: Stop loss at 4445, strictly enforced, do not hold positions
Short Position Strategy (Only for Short-term)
Entry Range: 4470-4480 (strong resistance range, testing shorts with light exposure in batches)
Targets: 4450, 4420
Risk Control: Stop loss at 4485, quick in and out, do not chase positions #黄金