3.27 Miao Yao Evening Gold Strategy Analysis

Current Price: around 4425, Asian session surged then pulled back, European session continued downward, short-term remains in a high-level correction rhythm, evening is expected to be more volatile with a downward correction.

Evening Market Core Analysis

Driving Factors
The US dollar and US Treasury yields stabilize briefly, suppressing gold price rebounds;
Funds are winding down their repositioning on Friday, market volatility remains cautious, watch out for sudden movements caused by US session data/events;
Overall still in a high-level correction cycle, until clear signs of a bottom are seen, the main strategy leans towards shorting high.

Technical Aspects
Hourly Chart: Gold price broke below the key support at 4430, short-term remains weak, with strong support at 4410-4400;
Resistance levels: 4435-4440, followed by 4450-4460;
Support levels: 4410, if broken, then look at 4395-4390.

Risk Reminder
Liquidity volatility increased on Friday night, strictly control positions, avoid heavy holding;
If there are sudden positive/negative surprises in the US session, adjust stop-loss and targets promptly, do not blindly hold positions.