3.17 A-Ming Gold Morning Strategy

**Morning Gold Core Trend:**
London Gold is currently oscillating around the 5008 level, with a high of 5013.6 and a low of 4994.37. Overall, it shows a low-range fluctuation pattern with fierce battles between bulls and bears. The key focus is on the critical 5000 level.

**Core Influencing Factors:**
The bearish pressure is mainly driven by expectations of Fed rate hikes—Thursday’s FOMC meeting is likely to keep interest rates high, with expectations of rate cuts continuing to diminish. Coupled with a strong dollar and rising U.S. Treasury yields, this directly suppresses gold prices. The bulls are supported by the ongoing Middle East conflict; as long as the situation does not ease, safe-haven capital will support gold and prevent sharp declines. Additionally, the KDJ indicator has entered oversold territory, indicating short-term rebound potential, though the strength will be limited.

**Morning Trading Recommendations:**

**Long Positions** (cautiously attempt longs, avoid heavy positions):
If the price pulls back and stabilizes in the 5000-5005 range, establish light positions with stops below 4990, targeting 5030-5050. Take profits once targets are hit and avoid holding onto positions for too long.

**Short Positions** (prefer setup trades, take profits quickly):
If a rebound encounters resistance in the 5050-5060 zone, open short positions with light sizing, stops above 5070, targeting 5020-5000. If the price breaks below 5000, consider adding small positions aiming toward 4980.

The 5000 USD level is a critical threshold—holding above it offers rebound opportunities, while breaking below could lead to further downside. During trading, focus on this key level.

Position size per trade should not exceed 10%, and every trade must have a stop-loss. Do not hold onto losing trades. Although morning volatility is limited, oscillations are frequent—avoid getting trapped.

**Today’s Focus:**
Pay close attention to evening data releases (20:30 NY Fed Manufacturing Index, etc.). In the morning, avoid high-frequency trading and concentrate on key zone setups to reduce the risk of blind trading.