|安迪|&2025.8.18黄金原油分析：黄金向上反弹，短期等待压力测试!

Group 1: Gold Market Analysis - Gold prices have rebounded over $30 from the support level of $3323, driven by expectations of a Federal Reserve rate cut in September and a decline in U.S. Treasury yields [2] - Technically, gold found support at the 61.8% Fibonacci retracement level of $3323 and quickly rebounded, breaking above the 4-hour 200-period moving average at $3346 [2] - If gold can maintain above the 50% retracement level of $3355, it may target the $3374 region and challenge the psychological level of $3400, potentially approaching the monthly high of $3408 [2] - The short-term technical outlook remains moderately bullish, but confirmation of a breakout is needed as the market is in a critical phase of bullish and bearish dynamics [2] Group 2: Oil Market Analysis - Oil prices have slightly declined due to the U.S. not imposing further restrictions on Russian energy exports, alleviating market concerns about supply disruptions [4] - Initial support for oil prices is around $61, while significant resistance remains at the $65 level [4] - If oil prices continue to trade below the 20-day moving average, the short-term trend may remain weak and volatile [4] - The downward pressure on oil prices is primarily due to a temporary easing of geopolitical uncertainties rather than significant changes in supply and demand [6] - Trump's statements provide a short-term buffer for the market, but any reconsideration of secondary sanctions could lead to a rapid rebound in oil prices [6] - Investor speculation regarding Federal Reserve rate cuts will continue to be a significant variable affecting the energy market [6]