ATFX：黄金承压下探，聚焦“超级周”风暴：美欧贸易协议落地，美联储决议成关键催化

Core Viewpoint - Gold prices have dropped to a near three-week low due to a stronger dollar and improved risk sentiment following the US-EU trade agreement, with investors awaiting key US economic data this week that could influence gold prices [1][2] Group 1: Economic Indicators and Market Sentiment - The dollar's rebound is a significant factor pressuring gold prices, supported by strong US economic data such as core capital goods orders and optimistic trade negotiations [1] - The US Federal Reserve's cautious policy stance and President Trump's calls for interest rate cuts may provide potential support for gold prices [1][2] - Market sentiment is mixed, with only 14% of professional analysts bullish on gold prices, while 66% of retail investors remain optimistic about a price increase, indicating confidence in the long-term trend [4] Group 2: Geopolitical Risks and Central Bank Actions - Geopolitical tensions, including conflicts in Thailand and Cambodia, and stalled ceasefire negotiations in Gaza, continue to pose risks that could support gold prices if conditions worsen [2] - Central banks are increasing gold purchases as part of a "de-dollarization" strategy, particularly among emerging economies like China, providing long-term support for gold prices [2] Group 3: Upcoming Events and Technical Analysis - The market is anticipating significant events this week, particularly the Federal Open Market Committee (FOMC) meeting, where the Fed is expected to maintain interest rates between 4.25% and 4.50% [2][6] - Key economic data releases, including JOLTS job openings, consumer confidence index, ADP employment data, and the non-farm payroll report, will influence the Fed's future monetary policy and, consequently, gold prices [6][7] - Technically, gold is currently oscillating around $3,335, testing a critical upward trend line, with support levels identified between $3,319 and $3,325 [6]