张尧浠：美联储决议携手非农、金价偏震荡或走强为主

Core Viewpoint - The international gold price is expected to experience fluctuations, with potential for a stronger upward trend, influenced by technical support and ongoing U.S.-China trade negotiations [1][3][5]. Market Analysis - On July 29, gold opened at $3,314.51 per ounce, fluctuated between a low of $3,307.89 and a high of $3,333.88, and closed at $3,326.33, marking a daily increase of $11.82 or 0.36% [1]. - The market is currently awaiting the Federal Reserve's interest rate decision and key economic data, which may limit price movements [3][5]. - The U.S. dollar index has shown strength, which typically puts pressure on gold prices, but the overall market sentiment remains cautious due to global uncertainties [3][5]. Technical Indicators - The monthly chart indicates that if gold cannot rebound above $3,400, it may signal a top and increase the risk of a decline to $3,000 or even $2,500 [7]. - The weekly chart shows that gold has recently stopped falling, and while bearish signals persist, the overall trend suggests potential for upward movement after a period of adjustment [9]. - The daily chart reflects a stop in the downward trend, with strong support from the 100-day moving average, indicating that further pullbacks could present buying opportunities [10]. Trading Strategy - The current trading strategy leans towards short positions or a range-bound approach, with key support levels at $3,324 and $3,318, and resistance levels at $3,335 and $3,343 for gold [11].