{"id":23712,"date":"2026-03-25T05:54:59","date_gmt":"2026-03-25T05:54:59","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=23712"},"modified":"2026-03-25T05:55:02","modified_gmt":"2026-03-25T05:55:02","slug":"daily-commentary-364","status":"publish","type":"post","link":"https:\/\/www.meisheng.asia\/th\/daily-commentary-364-20260325\/","title":{"rendered":"\u0e17\u0e2d\u0e07\u0e04\u0e33\u0e1f\u0e37\u0e49\u0e19\u0e15\u0e31\u0e27\u0e08\u0e32\u0e01\u0e04\u0e27\u0e32\u0e21\u0e2b\u0e27\u0e31\u0e07\u0e01\u0e32\u0e23\u0e2a\u0e07\u0e1a\u0e28\u0e36\u0e01\u0e2a\u0e2b\u0e23\u0e31\u0e10\u0e2f-\u0e2d\u0e34\u0e2b\u0e23\u0e48\u0e32\u0e19 \u0e41\u0e15\u0e48\u0e01\u0e47\u0e21\u0e35\u0e2a\u0e31\u0e0d\u0e0d\u0e32\u0e13 Bear Cross Looming"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>Gold looks to extend the recovery above $4,600 amid a potential de-escalation of the Middle East war.<\/strong><\/li>\n\n\n\n<li><strong>The US Dollar loses attractiveness as a safe haven as risk flows return on US-Iran ceasefire talks. \u00a0<\/strong><\/li>\n\n\n\n<li><strong>Gold awaits acceptance above the 100-day SMA at $4,619, but the daily RSI remains below 50.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Gold sees a brief recovery stint for the second straight day on Wednesday, gaining roughly 2.5% so far, courtesy of the renewed market optimism induced by potential ceasefire talks between the United States and Iran.<\/p>\n\n\n\n<p>Gold buyers look to build on the upswing beyond the $4,600 level as the haven demand for the USD retreats on the revival of risk trades.<\/p>\n\n\n\n<p>Reuters reported that \u201cthe US is seeking a month-long ceasefire in its war on Iran and had sent a 15-point plan to Iran for discussion, raising hopes for a resumption of oil exports out of the Persian Gulf.\u201d<\/p>\n\n\n\n<p>The hopes for a Mideast ceasefire weighed heavily on Oil prices and eased concerns over higher inflation and interest rates. This, in turn, helped fuel a risk rally across the financial markets, sending US Treasury bond yields lower alongside the Greenback, while providing the much-needed relief to the bright metal.<\/p>\n\n\n\n<p>However, a lack of details and certainty on when the ceasefire talks will be held, and whether there will be significant progress on a potential de-escalation, could keep Gold buyers on edge.<\/p>\n\n\n\n<p>Meanwhile, tensions persist as two sources told Reuters on Tuesday that the Pentagon is set to send \u200bthousands of soldiers from the US Army&#8217;s elite 82nd Airborne Division to the Middle East.<\/p>\n\n\n\n<p>Additionally, the technical setup on the daily chart continues to lean in favor of sellers in the near-term despite the price defending the critical the $4,400 level.<\/p>\n\n\n\n<p>Therefore, it remains to be seen if Gold sustains the recovery momentum going forward.<\/p>\n\n\n\n<h5 class=\"wp-block-heading has-vivid-red-color has-text-color has-small-font-size\" id=\"h-daily-technical-analysis\">\u0e01\u0e32\u0e23\u0e27\u0e34\u0e40\u0e04\u0e23\u0e32\u0e30\u0e2b\u0e4c\u0e17\u0e32\u0e07\u0e40\u0e17\u0e04\u0e19\u0e34\u0e04\u0e23\u0e32\u0e22\u0e27\u0e31\u0e19<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"364\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/03\/image-19-1024x364.png\" alt=\"\" class=\"wp-image-23713\" srcset=\"https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-19-1024x364.png 1024w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-19-300x107.png 300w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-19-768x273.png 768w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-19-18x6.png 18w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-19.png 1536w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n\n\n\n<p>The near-term bias is mildly bearish as price has slipped below the 21-day and 50-day SMAs, which now cap the market near $4,970 and $4,970\u20134,975 respectively, while the rising 100-day and 200-day SMAs far beneath price highlight that the broader uptrend remains intact. The 14-day RSI has recovered from oversold territory toward the mid-30s, which suggests fading downside momentum but does not yet indicate a strong recovery phase.<\/p>\n\n\n\n<p>Adding credence to the persistent bearish sentiment, the 21-day SMA is on the verge of crossing the 50-day SMA from above, which if materialized on a daily closing basis would validate a Bear Cross.<\/p>\n\n\n\n<p>Initial resistance emerges at the 21-day SMA around $4,970, followed by the 50-day SMA near $4,970\u20134,975, where a sustained break would open the way toward the $5,000 area. On the downside, immediate support is seen near the recent low around $4,490, with a decisive loss of this level exposing the rising 100-day SMA near $4,620 and then the 200-day SMA around $4,110. A daily close back above the clustered short-term averages would ease the bearish bias, while failure to reclaim them keeps focus on the lower supports.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold sees a brief recovery stint for the second straight day on Wednesday, gaining roughly 2.5% so far, courtesy of the renewed market optimism induced by potential ceasefire talks between the United States and Iran. Gold buyers look to build on the upswing beyond the $4,600 level as the haven demand for the USD retreats &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.meisheng.asia\/th\/daily-commentary-364-20260325\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GOLD recovers on US-Iran ceasefire hopes, but a Bear Cross looms&#8221;<\/span><\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-23712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/posts\/23712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/comments?post=23712"}],"version-history":[{"count":1,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/posts\/23712\/revisions"}],"predecessor-version":[{"id":23714,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/posts\/23712\/revisions\/23714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/media?parent=23712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/categories?post=23712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/tags?post=23712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}