Digging for Gold Old Cat | Spot Gold Evening Analysis

Date: March 25, 2026

True trading is never about chasing the market; it's about waiting for the wind to come in your own rhythm. Patience is not waiting—it's for more precise strikes.

Gold maintained narrow-range oscillation in the afternoon, with prices repeatedly grinding within the 4530-4560 range. The overall continuation of the previous rebound structure showed no obvious breakout action, and the long-short game continues.

Currently, operate back and forth within the oscillation range with proper stop-loss in place. If it breaks below the key support at 4520, directly shift to a short bias, looking downward to 4490-4500 support; if it breaks above the 4600-4610 resistance, directly maintain a bullish outlook, looking upward toward 4650. There have been many one-sided moves these past few days—once there's an effective breakout, don't hesitate and directly consider chasing positions. The profits from riding a one-sided trend can be substantial.

From a technical perspective, the current price is running above the middle band of the Bollinger Bands, with the middle band at 4497 forming strong support, while the upper band at 4652 represents short-term strong resistance. Although the hourly K-line has pulled back, it hasn't broken the key support, and the moving average system still maintains a bullish alignment, indicating the bullish trend has not been destroyed. The pullback appears more like a recharging move.

For evening operations, maintain the core strategy of buying dips and selling rallies, with buying dips as the primary focus. Key attention on the 4520-4530 support zone—if it holds on pullback, go long targeting 4580-4600 first, with a breakout looking at 4652. If unexpectedly breaking below 4520, catch another long at 4490-4500. On the upside, if touching 4600-4610 with resistance, light short positions with targets at 4560-4550, strictly with stop-loss protection.

From a medium to long-term perspective, the core trend of this rally remains unchanged. As long as key support holds, the bullish bias remains intact, and there's still momentum to challenge previous highs subsequently.

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Disclaimer: The above analysis is merely personal trading thoughts sharing and does not constitute any investment advice. Markets carry risk; trade carefully. Profits and losses from acting on this are self-borne.