#黄金

1. This week's panorama: Plunge → Deep V rebound → High volatility

Core range (London gold spot): 4100 ~ 4620 USD/ounce

Overall tone of the week: Panic selling → Oversold recovery → Tug-of-war between bulls and bears, slightly bearish volatility

2. Daily market review (Volume and Price + Key signals)

1. Monday (3.23): Increased volume plunge, panic escape

- Price: 1040 → 926 RMB/gram (Shanghai gold); International 4500 → 4100 USD

- Volume and price: Record trading volume, increased volume breakdown, funds fleeing

- Signal: Bearish trend established, all lines trapped

2. Tuesday (3.24): Bottoming and rising, reduced volume stabilization

- Price: 956 → 977 RMB/gram; International 4100 → 4400 USD

- Volume and price: Shrinking trading volume, selling pressure exhausted, long lower shadow stops decline

- Signal: Oversold rebound, bears temporarily pause, recovery begins

3. Wednesday (3.25): Violent rebound, increased volume counterattack

- Price: 973 → 1024 RMB/gram; International 4400 → 4620 USD

- Volume and price: Increased trading volume, bullish counterattack, breakthrough 4600 strong pressure

- Signal: Oversold recovery climax, short-term bulls strong

4. Thursday (3.26): High surge and fall, reduced volume correction

- Price: 1019 → 982 RMB/gram; International 4620 → 4450 USD

- Volume and price: Decreased volume drop, 4600 pressure evident, bulls weak

- Signal: Rebound meets resistance, returns to weakness, slightly bearish

5. Friday (3.27): Narrow range volatility, reduced volume consolidation

- Price: 974 → 999 RMB/gram; International 4400 → 4470 USD

- Volume and price: Continued reduced volume, bulls and bears watching, fluctuations narrowing

- Signal: Low-level volatility, unclear direction, waiting for choice

3. Core volume and price rules of the week

1. Monday: Increased volume plunge (bears dominant) → Trend turns bearish

2. Tuesday: Reduced volume stops decline (selling pressure exhausted) → Oversold rebound

3. Wednesday: Increased volume rebound (bulls recovering) → Rebound peak

4. Thursday: Reduced volume fall (bulls weak) → Returns to weakness

5. Friday: Extremely reduced volume (bulls and bears watching) → Volatility waiting

Conclusion:

This week is a typical oversold recovery market after a sharp decline, overall still slightly bearish.

4600 USD (international)/1020 RMB (domestic) is strong pressure;

4300 USD (international)/950 RMB (domestic) is strong support.

4. Outlook for next week (brief)

- Main tone: Wide range volatility, slightly bearish

- Range: 4300 ~ 4600 USD

- Key: 4600 pressure, 4300 support, Federal Reserve news

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