张尧浠：地缘局势及关税担忧重燃、金价待再探3500或新高

Core Viewpoint - The article discusses the recent surge in gold prices driven by geopolitical tensions and renewed tariff concerns, with expectations for gold to potentially reach $3500 or higher in the near future [1][3][8]. Geopolitical and Economic Factors - The escalation of geopolitical tensions in the Middle East and the Russia-Ukraine conflict has increased demand for gold as a safe-haven asset [3][5]. - Concerns over tariffs, particularly the potential increase in import duties on steel and aluminum by the Trump administration, have also contributed to the bullish sentiment in gold [3][5]. - Weak economic data from the U.S. has further supported gold prices, with expectations of interest rate cuts in the next 12 to 18 months [3][5]. Technical Analysis - Gold prices opened at $3298.53 per ounce, reaching a high of $3382.87 and closing at $3381.49, marking a daily increase of $89.56 or 2.72% [1]. - The recent breakout above the downward trendline has shifted the resistance into support, indicating a bullish outlook for gold [1][11]. - The monthly chart shows that gold has maintained its bullish trend despite recent volatility, with support from the 5-month moving average [9][10]. Market Sentiment and Future Outlook - The market sentiment remains bullish for gold, with expectations of continued high-level adjustments or further increases in price over the next one to two years [8][12]. - The article suggests that any pullbacks in gold prices should be viewed as buying opportunities, given the overall bullish trend and geopolitical uncertainties [5][11].