3.17 Gold Evening Review



The current price is fluctuating around the 5000 level, overall in a consolidation phase after a pullback from highs. Both bulls and bears are temporarily at a stalemate with no clear directional bias.

From the hourly chart perspective, after facing pressure at previous highs, the price is currently testing support and resistance levels repeatedly within the range. The MACD indicator shows that bearish momentum is weakening, but the strength of bullish rebounds is also limited, with market sentiment remaining cautious.

Trading Suggestions
Long: Enter in the 4980-4990 range on stabilization, stop loss below 4970, target 5010
Short: Enter in the 5010-5020 range on resistance, stop loss above 5030, target 4995
(Personal suggestions are for reference only, actual trading takes precedence) #黄金
Lihat Asli
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