Gold retreats to the bottom of 3200, will it hit 3500 again?

From a technical perspective, gold faces a critical decision at $3358.08. This level may become a resistance level when it is first tested, and if the upward momentum weakens, it may form a lower high. However, if gold prices can sustain a break above $3358.08, it may trigger another wave of gains, turning this level into support and paving the way for a retest of the historical high of $3500.20. Given the market's dovish expectations for the Fed's policy and strong demand fundamentals, gold's short-term outlook is still likely to rise. Of course, the impact of geopolitical factors is also particularly important

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