GodOfThreeHarmonies

As of April 2, 2026, gold is in a short-term rebound and long-term high-level consolidation pattern. Spot gold approaches $4,800 per ounce.
📊 Market Overview
- International Gold Price: Spot gold around $4,760–$4,800 per ounce, recently rising continuously and approaching a key resistance level.
- Domestic Gold Price: Basic gold price approximately 1050 RMB per gram, branded jewelry gold (such as Chow Tai Fook, Lao Feng Xiang) around 1440–1450 RMB per gram.
📈 Short-term Trend: Rebound and Recovery
Gold prices in March experienced a significant correction. Recently, driven by the following fa

Federal Reserve Chair Jerome Powell sent a clear "pause" signal in his speech on March 30, which was interpreted by the market as dovish, quickly reversing expectations of rate hikes and re-pricing the possibility of rate cuts within the year.
🕊️ Core Dovish Signal
In his speech at Harvard University, Powell provided key guidance regarding the surge in oil prices triggered by the Middle East situation:
- Ignoring short-term shocks: He explicitly indicated a preference to keep interest rates unchanged, viewing the oil price spike as a "temporary" factor and not a reason to hike rates.
- Policy

From the current market structure, $65,000 is the short-term dividing line between bulls and bears, but defending this level is extremely difficult and there is a risk of losing it. Currently, BTC is fluctuating around $66,000-$67,000, and is in a critical testing period.
Technical outlook: Near breaking point
- Key support level: $65,000 - $65,500 is a recent dense trading zone and also the trendline support since February. If the daily closing price effectively breaks below this range, the downside potential will open up.
- Lower support: If $65,000 is lost, the next strong support is in the