3.16 Tairan Hui Jin Today's Commentary:

Last week, gold prices experienced volatile fluctuations. 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 competition between bulls and bears is intensifying. Price first rebounded strongly, then pulled back from highs, subsequently explored lows and stabilized, with overall movement showing obvious ups and downs. Inflation data remains robust, rate cut expectations continue to decline, US Treasury yields maintain high levels, and coupled with Middle East geopolitical situation impacts, market sentiment remains volatile and uncertain.

The Federal Reserve's interest rate decision meeting on March 19 is approaching. The market expects rates to remain unchanged, with rate cut expectations continuing to cool. The US dollar and US Treasury yields strengthen, continuously suppressing gold prices. After last Friday's non-farm payroll data release, fund sentiment has turned cautious, with bulls actively exiting to observe.

Currently, gold is overall in an oscillatory consolidation phase. Key resistance levels are in the 5110-5130 range; support below first looks at the 4940-4960 zone.

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