Gold Analysis on 2026/03/24

【Yesterday's daily chart】

Bearish spike

【Daily oscillator】

Lower bound

【Perspective】

Long-term up

Short-term down

【Impressions on the 4-hour chart / short-term perspective】

Because a relatively large bullish outside appears, the outlook remains bullish until the price breaks below the starting area around 4253–4100 on the 4-hour chart or smaller timeframes

However, since the Dow is down, it is clear that selling pressure is high; waiting for a second bottom is the standard approach.

【Indicators in focus】

Near 1-hour 20MA

【Other regularly behaving indicators / brief thoughts on the short-term chart】

As of this morning, the 1-hour chart has broken near the 20MA and is also crossing with the short-term MA, so the outlook is bullish up to around the 4-hour middle area

This morning, the 4492 horizontal level held, and whether the price drops as per Dow or breaks above here will be one of the key points

Yesterday, 800 pips moved in a single 15-minute candle

Since there is a limit to low lot sizes, there is also the option to stay patient until volatility decreases

【Key horizontal support/resistance levels (all around these zones)】