金荣中国：黄金保持震荡回调发展

Core Viewpoint - Gold prices are experiencing a weak trend due to recent pullbacks and selling pressure, compounded by a strengthening US dollar index which has reduced bullish factors for gold [1][3]. Group 1: Market Dynamics - The US dollar index has recently rebounded, indicating a potential strong upward trend, which may exert pressure on gold prices [3]. - The 10-year US Treasury yield has shown a strong bullish trend supported by the 200-day moving average, which could also negatively impact gold prices in the short term [3][4]. - Economic data releases, including the FHFA house price index and consumer confidence index, are expected to be favorable for gold prices, although uncertainty remains due to mixed signals from Federal Reserve officials [3][4]. Group 2: Technical Analysis - Gold prices have encountered resistance in the $3050-$3060 range and are currently trading below the 5-day moving average, indicating a strengthening bearish sentiment [4]. - There is a potential for a rebound as gold tests the 10-day moving average support, but further declines are expected until prices stabilize above the 5-day moving average [4].