3.17 Gold Morning Review

Current price is $5001.17 per ounce, with intraday high touching 5016.16 and low testing 4998.42, continuing a pattern of low-level range consolidation.

From the 1-hour K-line perspective, since the price pulled back from the previous high of 5186.05, it has been in weak oscillation within the 4967–5020 range, with limited rebound strength and an unchanged bearish-dominated trend. Near 4998 on the short-term forms intraday support; if effectively broken below, it will test the key support at 4967; if support holds, there is potential for technical recovery towards the 5020 level.

Trading Suggestions
Long: Enter on consolidation in the 4975-4985 range, stop loss below 4965, target 5010
Short: Enter on resistance in the 5015-5025 range, stop loss above 5035, target 4995
(Personal suggestions are for reference only, live trading takes precedence)#黄金