{"id":23716,"date":"2026-03-26T05:10:58","date_gmt":"2026-03-26T05:10:58","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=23716"},"modified":"2026-03-26T05:11:00","modified_gmt":"2026-03-26T05:11:00","slug":"daily-commentary-365","status":"publish","type":"post","link":"https:\/\/www.meisheng.asia\/th\/daily-commentary-365-20260326\/","title":{"rendered":"\u0e01\u0e32\u0e23\u0e1f\u0e37\u0e49\u0e19\u0e15\u0e31\u0e27\u0e02\u0e2d\u0e07\u0e17\u0e2d\u0e07\u0e04\u0e33\u0e0a\u0e30\u0e07\u0e31\u0e01\u0e07\u0e31\u0e19 \u0e17\u0e48\u0e32\u0e21\u0e01\u0e25\u0e32\u0e07\u0e04\u0e27\u0e32\u0e21\u0e40\u0e2a\u0e35\u0e48\u0e22\u0e07\u0e04\u0e27\u0e32\u0e21\u0e15\u0e36\u0e07\u0e40\u0e04\u0e23\u0e35\u0e22\u0e14\u0e43\u0e19\u0e15\u0e30\u0e27\u0e31\u0e19\u0e2d\u0e2d\u0e01\u0e01\u0e25\u0e32\u0e07 \u0e01\u0e32\u0e23\u0e15\u0e31\u0e14\u0e01\u0e31\u0e19\u0e02\u0e2d\u0e07\u0e2b\u0e21\u0e35"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>Gold stays defensive around $4,500 early Thursday after facing rejection at $4,600 a day ago.<\/strong><\/li>\n\n\n\n<li><strong>The US Dollar preserves recent strength as Middle East escalation risks loom on fading hopes of ceasefire. \u00a0\u00a0<\/strong><\/li>\n\n\n\n<li><strong>Gold appears vulnerable as the daily RSI remains below 50 and with a Bear Cross in play.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Gold snaps a two-day recovery and turns defensive at around $4,500 early Thursday, having failed to sustain above the $4,600 mark.<\/p>\n\n\n\n<p>Clearly, the uncertainty and confusion over negotiations on a potential ceasefire and the chances of further escalation in the Middle East war seem to revive risk-off flows into the financial markets, supporting the safe-haven demand for the USD at the expense of Gold.<\/p>\n\n\n\n<p>US President Donald Trump continues to insist that peace talks are underway with Iran, while the latter continues to deny any such negotiations.<\/p>\n\n\n\n<p>However, markets view these likely peace talks as a pretext by President Trump to buy time to prepare for a full-blown ground operation in the Iranian island of Kharg over the weekend.<\/p>\n\n\n\n<p>The US has been mobilizing additional troops to the Middle East lately. Kharg Island is Iran\u2019s main oil export terminal, handling about 90% of the shipments.<\/p>\n\n\n\n<p>These looming risks remain supportive of the Greenback, the so-called world\u2019s reserve currency, checking any recovery attempts in the USD-denominated Gold.<\/p>\n\n\n\n<p>In the upcoming sessions, Gold traders will continue to remain at the mercy of the Mideast developments and end-of-the-quarter readjustments, which could significantly impact the bright metal\u2019s price movements.<\/p>\n\n\n\n<p>Meanwhile, the technical setup on the daily chart suggests that the downside risks remain intact for Gold in the near-term as the price faced rejection at the $4,600 level.<\/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-20-1024x364.png\" alt=\"\" class=\"wp-image-23717\" srcset=\"https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-20-1024x364.png 1024w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-20-300x107.png 300w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-20-768x273.png 768w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-20-18x6.png 18w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/03\/image-20.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 spot slips below the 21-day SMA near $4,940 and the 50-day SMA around $4,965, shifting the short-term structure in favor of sellers while price still holds above the rising 100- and 200-day SMAs clustered in the $4,620\u2013$4,110 band. This configuration signals an ongoing correction within a broader uptrend rather than a full trend reversal.<\/p>\n\n\n\n<p>The RSI at 33 stays below the 50 line and close to oversold territory, reinforcing downside pressure. Additionally, the 21-day SMA closed below the 50-day SMA on Wednesday, confirming a Bear Cross and reinforcing the bearish interests.<\/p>\n\n\n\n<p>Initial resistance aligns with the 21-day SMA around $4,940, with the 50-day SMA near $4,965 as the next upside hurdle that would need to give way to ease the immediate bearish tone. A sustained break above that zone would open the way toward $5,100, where recent swing highs reinforce a more significant cap. On the downside, immediate support sits near $4,450, ahead of the rising 100-day SMA around $4,625, which marks the first key level that protects the broader bullish structure. A clear drop through the 100-day SMA would expose the $4,300 area, where proximity to the 200-day SMA around $4,115 would be expected to attract dip-buying interest.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Gold snaps a two-day recovery and turns defensive at around $4,500 early Thursday, having failed to sustain above the $4,600 mark. Clearly, the uncertainty and confusion over negotiations on a potential ceasefire and the chances of further escalation in the Middle East war seem to revive risk-off flows into the financial markets, supporting the safe-haven &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.meisheng.asia\/th\/daily-commentary-365-20260326\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GOLD recovery falters amid Mideast escalation risks, Bear Cross&#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-23716","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\/23716","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=23716"}],"version-history":[{"count":1,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/posts\/23716\/revisions"}],"predecessor-version":[{"id":23718,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/posts\/23716\/revisions\/23718"}],"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=23716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/categories?post=23716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meisheng.asia\/th\/wp-json\/wp\/v2\/tags?post=23716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}