March 30th Yellow Morning Analysis: Bulls Violently Surge, Bull-Bear Showdown in This Range

News

The Dow and S&P plummeted over 1.6% in a single day, with global market funds accelerating into gold as a safe haven, directly pushing gold prices to break upward. Market expectations for a Federal Reserve rate cut have again intensified, putting pressure on the dollar index, which has retreated, while U.S. Treasury yields have declined, further opening up space for gold to rise. Uncertainties in regional situations still exist, coupled with sticky inflation expectations, and physical gold and investment demand continue to warm up, providing underlying support for gold prices.

Technical Analysis

From the 1-hour chart, the price has strongly broken through the middle band of the Bollinger Bands and the short-term moving averages. Currently, it has bounced back to around 4460, gaining support. The Bollinger Bands are opening upwards, and the bullish trend is clear. The KDJ indicator is in a neutral to bullish area, with no overbought signals appearing, indicating that the bulls still have room to continue.

Operational Strategy

If the price stabilizes around 4450-4470 after a pullback, long positions can be entered in batches, targeting 4490-4520-4550.

If it directly surges to 4500, long positions can be followed, targeting 4520-4550#黄金 .