Group 1 - Gold prices are currently facing resistance and have shown weakness due to overnight fluctuations and pressure from the strengthening US dollar index [1][3] - The US dollar index is maintaining an upward trend, with expectations to reach the 200-day moving average resistance, which adds pressure on gold prices [3] - Despite the current pressure, there is an expectation for gold prices to strengthen after a period of consolidation, as indicated by the recent bottoming patterns [4] Group 2 - The market is awaiting key insights from the upcoming speech by St. Louis Fed's Musalem regarding economic outlook and monetary policy, which may provide support for gold prices [3] - This week has limited impactful data, and gold prices will likely continue to fluctuate based on trade tariffs and geopolitical situations [3] - Gold prices have rebounded from the ascending trend line and the 60-day moving average support, indicating potential for further upward movement if these supports hold [4]
金荣中国：黄金筑底震荡待走强
Sou Hu Cai Jing·2025-05-20 04:57