[BIT: Gold Pulls Back Below $4,400, Key Support Zone May Be Around $3,500] Deep Tide TechFlow reports that on March 24, BIT (formerly Matrixport) released today's chart stating, 'Gold is experiencing its first significant pullback in recent years, with prices retreating to around $4,400. Buying interest may gradually emerge in this range, while a stronger support zone could potentially be around $3,500. In the short term, rising real interest rates typically exert pressure on gold prices, but this impact is more temporary and insufficient to alter the medium-term fundamentals. From a medium- to long-term perspective, the continued expansion of sovereign debt remains an important structural factor supporting gold demand. Currently, with geopolitical tensions high, rising national defense expenditures, and governments expected to further increase borrowing, this trend is likely to persist. Against this backdrop, the range below $4,400 may gradually attract more attention from long-term allocation funds.'