Macroeconomic Factors - Gold is influenced by multiple factors, including the Federal Reserve's decision to maintain interest rates and slow down future rate cuts, which has weakened market expectations for rapid easing and led to a decline in gold prices [1] - Trump's high tariff policies may increase inflation, which could support gold's anti-inflation properties, but a stronger dollar is suppressing gold prices [1] - The escalation of conflict between Israel and Iran has increased geopolitical uncertainty, providing support for gold prices despite a rising dollar [1] - Weak economic data from the U.S., including a sluggish labor market and a struggling real estate market, suggests a potential economic contraction, creating upward pressure on gold prices [1] Dollar Index - The dollar index showed an upward trend, reaching a high of 98.988 and closing at 98.855, indicating a bullish sentiment in the market [2] - The dollar index is facing resistance at the 100.35 level, with a mid-term outlook leaning towards bearish [3] - Key support levels for the dollar index are identified at 98.70, with potential upward movement towards 99.30-99.60 [5][3] Gold Market - Gold prices experienced a decline, with a high of 3399.88 and a low of 3362.39, closing at 3369.12, indicating bearish sentiment [5] - The gold market is currently testing key support levels, with a focus on the 3262 support level for future price movements [6] - The overall trend for gold remains bullish unless key support levels are broken [6] Euro/USD - The Euro/USD pair showed a downward trend, with a low of 1.1460 and a close at 1.1476, reflecting bearish market conditions [7] - Long-term support for the Euro/USD is at 1.0850, while short-term focus is on the 1.1460 support level [7] - The market is expected to continue facing downward pressure, with potential targets at 1.1420-1.1370 [10]
闫瑞祥:黄金日线分水岭下破成关键,货币对已率先突围
Sou Hu Cai Jing·2025-06-19 03:54