Core Viewpoint - The recent fluctuations in gold prices are influenced by U.S. economic data and potential changes in Federal Reserve leadership, with a focus on the Michigan Consumer Sentiment Index as a key indicator for market direction [1][3]. Economic Data Analysis - U.S. retail sales increased by 0.6% in June, surpassing market expectations, while initial jobless claims fell to 221,000, indicating economic resilience [1]. - Federal Reserve Governor Waller advocates for a rate cut at the end of the month, citing persistent inflation pressures from tariffs [1]. Gold Market Dynamics - Gold prices rebounded significantly, breaking through the 3340 resistance level and reaching around 3355, marking a recovery of over $45 from the week's low of 3310 [3]. - The market's recognition of the rebound is evident, with trading volume increasing by approximately 30% compared to the previous day [3]. Resistance and Support Levels - Primary resistance is identified in the 3365-3370 range, which is crucial for determining if the rebound can transition into a reversal [5]. - Short-term support is established at 3350-3355, while strong support is noted at 3340-3345, which is critical for maintaining bullish momentum [5]. Trading Strategy - The recommended strategy includes focusing on "buying on dips" while cautiously placing small short positions at strong resistance levels to balance risk and opportunity [5].
秦氏金升:7.18金价扩大反弹,黄金行情分析与操作建议
Sou Hu Cai Jing·2025-07-18 12:45