The gold market showed significant volatility today. During the morning session, the gold price quickly climbed to the range of 3397-3403, which constitutes the main resistance level. However, there was a rapid pullback afterwards, and the price reached a short-term support level near 3373.

Market participants should closely monitor the two key support levels at 3367-3361. On the upside, 3382 has become an important short-term resistance point. If this level can be effectively broken, investors can set their sights on the range of 3397-3403, and may even challenge the maximum position of 3420 for the day.

Currently, the market is mainly fluctuating between 3382 and 3360. It is worth noting that if the key support level of 3360 is broken during the day, the next important support area will be between 3346 and 3340. In extreme cases, the intraday decline may extend to around 3322.

Overall, the gold price trend shows a clear range characteristic. Investors need to closely monitor the breakthrough of the aforementioned key price levels to seize potential trending opportunities. At the same time, they should also be wary of possible sharp market fluctuations and prepare for risk management. In the current complex global economic environment, gold's role as a safe-haven asset may continue to attract attention, but its price movements will still be influenced by multiple factors.