金老虎：美国法院裁决特朗普关税越权，黄金“猛虎反扑”让人猝不及防

Core Viewpoint - The recent U.S. court ruling against Trump's tariffs has led to a significant rebound in gold prices, highlighting the volatility and sensitivity of the gold market to geopolitical and economic developments [3][4]. Group 1: Factors Influencing Gold Prices - The initial drop in gold prices was influenced by the U.S. International Trade Court's ruling on May 28, which prohibited the enforcement of several tariff orders from the Trump administration, leading to reduced demand for gold as a safe-haven asset [3]. - The release of the Federal Reserve's meeting minutes on May 29 indicated a hawkish monetary policy stance, which dampened interest rate cut expectations and reduced the appeal of gold as a non-yielding asset, causing further price declines [3][4]. - The subsequent reversal in gold prices was driven by the U.S. Federal Appeals Court temporarily halting the previous ruling on tariffs, reigniting concerns over international trade and increasing demand for gold as a safe-haven asset [3]. - Economic data released by the U.S. Commerce Department showed a contraction in GDP by 0.2% for Q1 2025, compared to a growth of 2.4% in the previous quarter, raising concerns about economic stability and leading to a decline in the U.S. dollar index by 0.51%, making gold more attractive [3][4]. Group 2: Technical Analysis and Market Outlook - The gold market is currently experiencing a consolidation phase within a triangular range, with short-term resistance at the 3340 level; a break above this level could signal a stronger upward trend [4]. - The closing price formed a bullish candlestick pattern, indicating that bullish momentum may be stronger than bearish pressure, suggesting potential for further upward movement [4]. - Technical indicators such as the MACD are showing signs of weakening momentum, while the KDJ indicator indicates a potential downward turn, suggesting a cautious approach in the near term [4].