2026-03-23 01:32:30

3.23 Bai Muxin Morning Strategy | Gold

Gold is experiencing a multi-directional decline with downward exploration, and the bearish trend remains solid. Last week, gold prices fell unilaterally with weak rebounds. Technical indicators show a bearish pattern, and the early session continues to be weak.

U.S. economic data is improving, expectations for Federal Reserve rate hikes are increasing, and the strong dollar continues to suppress gold prices. Safe-haven capital is flowing into the dollar, further dragging down gold.

On the 1-hour chart, gold prices are moving along the lower Bollinger Band downward, rebounds are weak, KDJ is oversold but has not stabilized, and the downward trend still has room to extend.

Operation:
Short on rebounds at 4480–4500, targets 4400, 4300, and look for 4000 if broken below. $BTC $ETH #Gate13周年全球庆典

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