# 现货

3.23 Kan Xi Morning Market Analysis
Gold downtrend continues unabated, maintaining the pace of breaking lows and declining further. Monday early session opened and traded lower, touching a low near 4420 before a modest rebound. Overall rebound strength remains weak, currently maintaining a weak bottom-probing pattern.
Medium-term trend remains bearish exploring lower, price action completely aligns with last week's bearish continuation forecast. Before clear bottom signals emerge, avoid blindly bottom-fishing and chasing rebounds. Although a technical retracement near 4360 is likely to be trig

3.18 Gold Commentary: The 5000 Level Under Repeated Contention, Consolidation Awaiting Direction
Gold has recently seen intense long-short positioning battles, with repeated tug-of-war centered around the 5000 level. Following yesterday's opening lower in Asian session, the price rallied during consolidation, with European session extending the rebound momentum and reaching a high near 5044; the early morning saw rapid downside probing, bottoming near 4973 before stabilizing, and subsequently bouncing back to hover around 5000 again.
Currently, the market has stabilized after bottom-finding, b