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3.17 Gold Morning Review
Current price is $5001.17 per ounce, with intraday high touching 5016.16 and low testing 4998.42, continuing the low-level consolidation pattern.
From the 1-hour K-line perspective, the price has been oscillating weakly within the 4967–5020 range since retreating from the previous high of 5186.05, with limited rebound strength and the bearish trend unchanged. A near 4998 support forms on the short-term; if effectively broken below, it will test the key support at 4967; if support stabilizes, it may extend technical recovery toward the 5020 level.
Trading Suggestions
Long: Entry on consolidation in the 4975-4985 range, stop loss below 4965, target 5010
Short: Entry on resistance in the 5015-5025 range, stop loss above 5035, target 4995
(Personal suggestions are for reference only; all trades should follow actual market conditions) #黄金