Core Viewpoint - The market's expectation for a Federal Reserve interest rate cut in September has increased, leading to a decline in the US dollar and supporting a rebound in gold prices [1][3] Group 1: Market Dynamics - The US dollar has fallen to a three-year low, which has provided support for gold prices [1] - Gold prices have shown a strong upward trend after breaking through a recent downtrend channel [3] - The market sentiment has improved due to geopolitical developments, including a ceasefire between Iran and Israel and a trade agreement between the US and China regarding rare earth supplies [1] Group 2: Technical Analysis - Key support levels for gold are identified at $3300 and $3275, with resistance at $3310 and $3350 [1] - The daily 10-day moving average at $3335 is a critical support level, while the upper resistance levels are at $3350 and $3360 [3] - Technical indicators such as MACD and KDJ suggest a potential for further price increases, with a target of testing the $3400 level [3]
黄力晨：降息预期打压美元 支撑黄金价格上涨
Sou Hu Cai Jing·2025-07-01 22:32