#外汇黄金[超话]# Gold Early Review - March 13

The ongoing geopolitical conflict in the Middle East continues to provide a safe-haven floor for gold prices, but is unlikely to drive significant rallies in the short term. International oil prices remain elevated, further intensifying global inflation concerns, with growing market divergence on monetary policy direction. Meanwhile, global central banks maintain strong gold-buying momentum, with China's central bank implementing 16 consecutive increases in gold reserves, firmly anchoring the downside of gold prices. Overall, the market presents a mixed sentiment consolidation pattern with bulls and bears in equilibrium.

Currently, gold prices have broken below the key support level of 5100 and continue to face pressure below this level. Setting aside geopolitical sentiment, from a purely technical perspective, gold has entered a weekly-level pullback correction phase.

Operational Recommendations:
On rebounds to the 5130-5150 zone, scale into short positions. Stop loss at 5160, target 5050-5020.

Risk Disclaimer: Investment carries risk. Enter the market with caution. The above analysis is for reference only and does not constitute investment advice.#黄金##GoldPrice#伊朗明确达成停火协议要求