Muyo March 18 Gold Early Market Analysis

The 1-hour cycle is in a high-level oscillation with a bearish bias. Price has pulled back from the previous high of 5071.29, with multiple rebounds failing to break through the previous high. The center of gravity is gradually declining, presenting an overall range consolidation pattern. The core fluctuation range is 4995–5025, with price repeatedly testing both the upper and lower bounds within this range, lacking a clear directional trend. Trading volume shows no significant expansion, indicating that there is currently no large-scale capital inflow, with both bulls and bears awaiting key data or break signals.