Core Viewpoint - The gold market is experiencing fluctuations due to multiple significant risk events, including international trade developments and key economic data releases, leading to a cautious trading environment [1]. Group 1: Market Dynamics - Recent progress in US-EU trade negotiations has reduced safe-haven demand for gold, resulting in a three-day decline and a new weekly low [1]. - The establishment of a 15% unified tariff agreement between the US and EU has increased market risk appetite, further diminishing gold's appeal as a safe-haven asset [1]. - Upcoming events such as the small non-farm payrolls, Federal Reserve meeting, and non-farm payroll data are expected to influence gold prices, with a likely range-bound trading scenario in the short term [1]. Group 2: Technical Analysis - The initial trading week may see a rebound in gold prices, with key resistance levels identified between $3350 and $3370, while support is noted between $3300 and $3290 [2]. - Short-term trading is recommended within the $3350 to $3320 range, with a cautious approach advised due to potential volatility from major economic events [2]. - A conservative strategy suggests waiting for the Federal Reserve's interest rate decision before making significant trading adjustments, while aggressive traders may consider short-term positions [2]. Group 3: Trading Recommendations - The suggested trading range for gold is between $3320 and $3350, with a stop loss of $5 and a take profit target of $20 to $22 [3].
张津镭:黄金周初区间震荡,重大风险事件前高抛低吸
Sou Hu Cai Jing·2025-07-28 04:53