3.16 Tairan Huijin Today's Commentary:

Last week, gold price movements were volatile. The strategy provided by Tairan can be described as precise. From 5089 to 4960, we successfully captured 130 points of space.

From the current market perspective, the struggle between bulls and bears is intensifying. The price first rebounded strongly, then declined from high levels, subsequently explored lows and stabilized, with overall movements showing obvious fluctuations. Inflation data remains strong, rate cut expectations continue to decline, US Treasury yields remain elevated, and coupled with Middle East geopolitical situation impacts, market sentiment remains volatile and uncertain.

The Federal Reserve's March 19 policy meeting is approaching. The market expects rates to remain unchanged, with rate cut expectations cooling continuously. The US dollar and US Treasury yields are strengthening, continuing to suppress gold prices; after Friday's NFP data release last week, fund sentiment turned cautious, with bulls taking initiative to exit and observe.

Currently, gold is in an overall consolidation phase. Key resistance levels are in the 5110—5130 range; support below first focuses on the 4940—4960 area.

Suggestion: Enter short at current price 5010, conservatively wait for shorting near 5030, targets at 4940-4900-4850