3.16 Gold Midday Brief

Gold dipped to 4967 in early trading, then stabilized and rebounded. It has now returned above 5000 and is consolidating with oscillations.
With the Fed's interest rate decision approaching, rate cut expectations have cooled, and gold prices overall remain under pressure. However, geopolitical factors and buying support persist, so short-term trading is mainly characterized by range-bound oscillations.
Trading Strategy: Sell high on rebounds; buy low on pullbacks. Use small positions with quick entries and exits, and strictly manage risk.
Suggestion: Sell near 5030, with a target range of 5000—4980.