金晟富：4.25黄金承压下跌符合预期！晚间黄金交易分析参考

Group 1 - The recent significant pullback in spot gold prices, which fell below the $3300 mark, is attributed to cautious investor sentiment and optimism regarding global trade relations [1][2] - The rebound of the US dollar index has also contributed to the downward pressure on gold and other safe-haven assets, as a stronger dollar makes gold more expensive for buyers [2][3] - Despite the pullback, ongoing geopolitical tensions, such as the Russia-Ukraine conflict, and expectations of interest rate cuts by the Federal Reserve provide a support base for gold prices, limiting their downside potential [1][2] Group 2 - Economic data released by the US showed positive performance, further supporting the dollar, while discussions among Federal Reserve officials regarding potential rate cuts provided some support for gold prices [2][3] - The market's optimistic outlook on easing global trade tensions has shifted some funds from safe-haven assets like gold to riskier assets, contributing to the pressure on gold prices [2][3] - The volatility in the gold market is expected to increase due to multiple influencing factors, and investors are advised to remain flexible in their strategies [2][5] Group 3 - Technical analysis indicates that gold prices have experienced significant fluctuations, with a weekly high of $3500 and a low of $3260, suggesting a potential bearish trend if key support levels are breached [3][5] - The focus for investors is on the $3260 support level; a break below this could lead to further declines in gold prices [5][6] - Short-term trading strategies suggest a preference for short positions on gold, particularly if prices rebound to the $3315-$3320 range [6][7]