Gold Market Analysis 2025.03.26

As mentioned yesterday, gold touched bottom on Monday and has been running a rebound, with subsequent gains reaching 12%+. How do we view this now? What should we do next?

I believe the first wave of rebound will end as early as today or tomorrow. The height of the first wave rebound will determine the upper limit of the entire rebound period. If we can break through and hold steady above 4602+ today, next week gold will likely run a pullback against the first wave rebound. Under this path, gold will most likely not break lower again in April (red path in chart 2).

If we cannot break through 4602 this week or fall below 4442, the path gold may take is the blue route—this is a small-level rebound, followed by a deeper pullback or even a new low point.

Regardless of which path is taken, gold will still have good long opportunities in mid-to-late April. Patiently wait for the first wave rebound to end, observe the subsequent pullback strength, look for stop-loss signals, and enter the market accordingly. I will continue to follow up on gold's market movement, so please stay tuned. #贵金属领涨 $XAUT