International Gold: On March 25, the gold market is undergoing a thrilling test. After experiencing a sharp retreat of over 20% from the year's high, gold prices showed a volatile rebound on Tuesday, March 25, closing up 1.5% at $4,474. This is not merely a simple trend reversal but a reflection of the intense battle between bullish and bearish forces within an extremely complex geopolitical and macroeconomic financial environment. On one side, diplomatic probes between the U.S. and Iran are quietly unfolding under the cover of artillery fire; on the other, violent fluctuations in the energy market are resetting inflation and interest rate expectations. Gold stands at a critical crossroads.
From the current chart perspective, on the daily timeframe, gold prices show a clear upward trend. The Bollinger Bands continue to expand, with prices closely tracking the 5-day moving average, forming a strong "running along the band" pattern. The upper boundary of the previous consolidation zone has now transformed into effective support, while the middle band acts as the dividing line for medium-term strength and weakness. The MACD indicator maintains a golden cross formation; although the red bars have shortened slightly, they remain above the zero line, indicating that while bullish momentum has slowed, it has not diminished. The RSI indicator is in the overbought zone, suggesting short-term pullback pressure but not altering the overall upward trend. On the 4-hour chart, gold prices are firmly above the short-term moving averages, which are arranged in a bullish formation. The Bollinger Bands are gradually narrowing and flattening. After stabilizing above the lower band, prices continue to rebound, with successive higher highs and higher lows. The MACD shows shrinking green bars and the fast and slow lines hint at a potential golden cross, indicating fading bearish momentum and gradually accumulating rebound energy, pointing to a short-term volatile rebound pattern.
In summary: Intraday trading recommendations favor buying on dips. Initial support is observed around $4,520; if prices hold above this level, watch for a second bullish attempt to challenge $4,700 or a breakout. Key support is focused around $4,490. While prices may enter a consolidation phase near this level, as long as key defensive levels hold, bullish performance within the range can still be expected. For resistance, focus on the $4,570-$4,535 zone. If bulls fail to break above this area today, the likelihood of continued gold price adjustment increases. However, a successful breakout could potentially raise the consolidation range to $4,100-$4,700, even if it doesn't immediately open significant upside.
International Silver: The silver market is staging a strong rebound, quickly stabilizing and rising after a significant previous correction, with both international and domestic markets moving in sync, demonstrating strong rebound momentum. This robust rally in silver results from the resonance of industrial demand, supply-demand gaps, and its financial attributes. Surging industrial demand is the core driver: rapid development in the photovoltaic industry, new energy vehicles, and AI infrastructure has substantially increased the rigid demand for silver. A sharp rise in photovoltaic installations drives silver consumption, while new-generation PV cell technology further exacerbates supply-demand tensions. Concurrently, the global silver market has seen a supply deficit for six consecutive years, with inventories dropping to decade lows, creating physical delivery pressures that are pushing prices higher.
From the current chart perspective, on the daily timeframe, silver shows a bottoming-out rebound pattern. A previous bullish hammer candlestick signaled a potential bottom, with prices gradually moving away from oversold territory. The RSI indicator is recovering from lows. Although still pressured by short-term moving averages, bearish momentum has clearly weakened. The Bollinger Bands are narrowing, with the lower band providing effective support, indicating ongoing short-term oversold recovery. On the 4-hour chart, silver has stabilized above the key support level of $65.5. Moving averages are gradually forming a bullish alignment. The MACD shows shrinking green bars and hints of a golden cross, suggesting accumulating rebound energy. The Bollinger Bands are narrowing and flattening. Resistance above is watched in the $76-$78 zone. The overall picture aligns with the daily rebound trend, suggesting limited room for short-term declines.
In summary: Intraday trading recommendations favor buying on dips. Consider buying near a pullback to around $72, with a stop loss at $70, targeting further gains towards $76.