Fundamental Analysis - Gold prices are currently trading around $3347 per ounce, showing a slight increase of 0.35% last Friday due to a weaker dollar and ongoing geopolitical and economic uncertainties that have boosted demand for safe-haven assets [1] - The dollar index fell by 0.5% last Friday, making gold cheaper for buyers holding other currencies, while concerns over U.S. Treasury growth and tariffs may keep gold in focus [1] - Analysts are generally bullish on gold, with a significant increase in retail investor bullish sentiment [1] Bullish Sentiment - Despite market uncertainties, the fundamentals for gold remain strong, with expectations that the upcoming Federal Open Market Committee (FOMC) meeting may provide new momentum for gold prices [1] - The market anticipates that the federal funds rate will remain unchanged at least until October, supporting gold prices [1] - Geopolitical tensions, uncertainty regarding the Federal Reserve's leadership, and a weakening dollar are all contributing to the support for gold prices, with strong reactions observed around the $3350 to $3362 trendline [1] Bearish and Neutral Sentiment - Concerns about weakening momentum for gold prices are noted, as gold has failed to break through the $3400 per ounce level, indicating a potential decrease in upward momentum [2] - The significant price increases in other precious metals like silver, platinum, and palladium suggest that some investors are shifting towards alternative assets, which may reduce gold's attractiveness [2] - Federal Reserve Chairman Jerome Powell is expected to resist pressure for rate cuts, citing uncontrolled inflation and economic uncertainties, which may limit the direct impact of tariffs on gold prices [2] Market Trends - Current gold market trends indicate an upward price movement, with strategies suggesting support for long positions and resistance for short positions [5] - The dollar index is showing a fluctuating downward trend, with a key resistance level at 100.00 [5] - Technical indicators show that gold prices are near support levels, with MACD indicating upward momentum, although market activity is decreasing, suggesting cautious trading [5] Trading Strategies - Suggested trading strategy includes positioning for short trades around $3358.50 with a stop loss at $3365 and a take profit target in the $3339-$3330 range [5]
黄金评论:亚盘金价压力位震荡,日内短线承压空单布局。
Sou Hu Cai Jing·2025-07-21 07:23