# 现货

3.23 Jian Xi Morning Review
Gold's downtrend remains unbroken, continuing the pattern of breaking lows and moving lower. Early Monday session opened low and moved lower, touching the 4420 line before a slight rebound. The rebound strength is overall weak, currently maintaining a weak bottom-probing pattern.
The medium-term trend continues to skew bearish for further downside exploration, with price action completely aligned with last week's bearish continuation forecast. Before clear bottom signals emerge, avoid blindly bottom-fishing and chasing rebounds. While 4360 vicinity likely triggers t

3.18 Gold Commentary: 5000 Level Repeatedly Contested, Consolidating and Awaiting Direction
Gold has recently seen intense long-short competition, with repeated tug-of-war centered around the 5000 level. After opening lower in yesterday's Asian session, it rallied higher amid volatility; the European session extended the rebound momentum, touching as high as 5044; in early morning hours, the market dropped sharply, bottoming near 4973 and stabilizing, then bouncing back from the lows, returning to around 5000 consolidation.
Currently, the market has stopped falling and stabilized; the bearish