金老虎：黄金″变脸″太快，关税反转 + 峰会迷雾，先蹲后跳有肉吃？

Group 1 - The core viewpoint of the article revolves around the volatility of gold prices influenced by various factors, including tariff policies, geopolitical tensions, and economic data [3][4][5] - The first factor affecting gold prices is the reversal of tariff policies, where the market initially reacted to fears of tariffs on gold, leading to speculative buying and a subsequent price surge. However, the announcement by Trump on August 9 that gold would not be subject to tariffs led to a sell-off by speculators, causing downward pressure on prices [3][4] - The second factor is the geopolitical situation, particularly the upcoming summit between Trump and Putin on August 16 regarding the Russia-Ukraine conflict. The potential for a peace agreement could reduce the demand for gold as a safe-haven asset, but the strong opposition from Ukraine and European nations introduces uncertainty, providing some support for gold prices [4][5] - The third factor is the economic data released by the U.S. Labor Department, indicating a 2.7% year-over-year increase in the Consumer Price Index for July, with core CPI rising to 3.1%. This data creates mixed signals regarding the Federal Reserve's interest rate policy, impacting gold prices as market participants weigh the likelihood of rate cuts [5][6] Group 2 - The analysis of gold price movements indicates a shift from stability to volatility, with prices fluctuating between support and resistance levels. The current support level is identified at 3278, while resistance is at 3430. A breakout above the August 8 high of 3409 is necessary for a stronger upward movement [8] - Technical indicators suggest that the market may experience a weak trend before any potential rebound, with the price currently under pressure from the 20-day moving average at 3356. The MACD and KDJ indicators also indicate a bearish sentiment in the short term [8]