Group 1 - Gold prices are influenced by escalating geopolitical tensions and Trump's criticism of Powell, suggesting that the Federal Reserve should lower interest rates sooner rather than later [1][3] - Moody's downgrade of the U.S. sovereign credit rating has increased market risk aversion [1] - Gold opened approximately $20 higher at $3,218 per ounce, showing a strong rebound despite not filling the gap [3] Group 2 - The dollar index showed a high followed by a retreat, indicating limited rebound strength and suggesting a potential for volatility or decline in the future [3] - The monthly chart indicates that gold is in a downward channel, suggesting a weak outlook that could provide significant support for gold prices [3] - The market is advised to monitor the U.S. Conference Board's leading economic index for April, which is expected to be favorable for gold prices [3] Group 3 - Gold prices have reached support levels at the ascending trend line and the 60-day moving average, indicating a potential for a rebound [4] - Continuous formation of bottoming patterns enhances expectations for a stop in the decline and a potential upward adjustment [4] - The market outlook remains positive for a rebound, with expectations of further upward movement [4]
金荣中国:黄金趋势支撑上方保持看涨
Sou Hu Cai Jing·2025-05-19 04:05