Group 1 - The core viewpoint is that gold is currently experiencing a range-bound fluctuation, with limited downside potential and an approaching timeline for a breakout above the 3440 level [1][2]. - Factors driving gold prices include geopolitical tensions, trade tariffs, inflation, and the anticipated interest rate cuts by the Federal Reserve, with a significant market reaction expected before the actual rate cut [1][2]. - Despite the prolonged range-bound movement, global ETF holdings have increased, indicating sustained investor interest in gold, as evidenced by a recent addition of 7.74 tons [1]. Group 2 - The critical resistance level for gold is identified at 3440, and a breakthrough could provide substantial upward momentum for bullish positions [2]. - The recent price action shows a pattern of higher lows, suggesting a potential setup for a future breakout, although short-term adjustments are expected to continue [3][4]. - A cautious approach is recommended for re-entering positions, with a focus on observing the formation of a bottom structure in the near term before making further investments [5].
黄金冲阻回落, 调整空间有限!
Sou Hu Cai Jing·2025-07-24 04:56