XAU Gold Market Analysis 2026.03.31

The 4098 level for gold is the end point of the first major decline. Currently, the market is experiencing a rebound from the red or blue decline segments shown on the left side of the chart.

If this rebound is in response to the blue segment decline, then the rebound level should correspond to the blue decline, meaning the rebound end point will fall within the blue zone on the chart.

If gold can quickly hold above 4603 this week and does not break below 4350 afterward, it has the potential to develop into a rebound against the red segment. This rebound path would have a larger level than the blue route mentioned earlier, so the rebound end point would fall within the red zone on the chart.

In terms of operation, first observe whether it can break above 4603. After testing this level upward today and then closing, it indicates that the upward momentum is not strong enough so far.
Once it breaks above, look for high-probability long opportunities on the right side.
Before breaking 4603, it suggests that the rebound at the same level as 4100-4603 has not yet begun. However, as long as it does not fall below 4100, the final rebound end point will at least be in the blue zone on the chart or above. Therefore, the closer to 4100, the better the risk-reward ratio for long positions.

A good entry price on the left side and a high success rate on the right side indicate that the gold rebound is likely to continue for some time.

The above is just my personal opinion and not investment advice.