Enze: Gold bulls and bears fluctuate repeatedly, with intraday support at 4350 for low-buy positioning

Recently, gold's bullish and bearish movements have been oscillating back and forth. The short position layout at 4486 given last night has followed the expected downward trend, with the price dropping to around 4350. This level is a key support zone in the rebound from 4095 to 4600, indicating that short-term consolidation is likely to stabilize here. Therefore, 4350 becomes an important dividing line for today's market.

From the market trend perspective, if the gold price fails to effectively break below 4350 and holds above the 4410 threshold, then breaking through the 4440-4460 range will officially establish the current upward trend. Conversely, if the market drops again below the 4350-4330 support zone, do not blindly short; instead, watch for continued bearish momentum.

Based on the current market situation, intraday trading should focus on the 4350 key support, mainly adopting a low-buy strategy. Short-term, consider entering multiple long positions in the 4370-4380 range, with a stop-loss at 4350. The first take-profit target is 4410, further aiming at 4450. If the market breaks through these levels, it can continue toward the 4500 mark. Always implement proper risk management during trading.

If the market remains volatile intraday, and gold reaches the 4440-4450 range, consider shorting based on real-time market conditions.

Short-term trading ideas for gold on March 27:

- Enter long positions near 4370, with a stop-loss at 4350 and take-profit at 4450
- Near 4450, decide whether to short based on real-time market movements

Note:
The above analysis is Enze's personal view. Markets are constantly changing, so this is for reference only. All trading decisions should be based on Enze's actual market analysis!