Gold Market Analysis 2026.03.25

It's evident that the rebound running from 4100 is a wave of recovery, and I told everyone about this script on Sunday. Gold is indeed following this script as I predicted, but the key question is: which segment of the decline is this rebound targeting?

Under the red line path, gold is running a rebound against the entire 5600-4100 downtrend. Under this trajectory, the rebound level is substantial, with 5150 or even 5278+ being possible rebound endpoints. Of course, this uptrend won't be completed in a single wave. After completing the first wave of gains, it will begin to pull back, and after completing the pullback in mid-to-early April, it will rise through late April into early May.

If gold breaks below 4441 this week or fails to break through 4674, it may be just a small-level rebound as shown by the blue line. After the rebound ends, likewise finding the downtrend endpoint in mid-to-early April, it will also rise through late April into early May.

Based on the two scenarios above, I just took profit on some of my futures and accumulated gold positions, while I chose to continue holding physical gold. I've already captured more than half of the profits from the first wave of gains starting at 4100. I have complete patience and confidence waiting for the next inflection point to catch the second wave of gains. #贵金属领涨 $XAUT