Group 1 - The international gold price is currently trading around $3316, maintaining a low-level fluctuation and approaching the support of the 100-day moving average, influenced by cautious optimism regarding the Russia-Ukraine conflict, which has reduced the demand for gold as a safe haven [1][3] - The Federal Reserve's policy direction is a key driver of gold price volatility, with traders estimating an 85% chance of a 25 basis point rate cut in September, which would typically be favorable for gold due to lower opportunity costs [3] - There is uncertainty surrounding Fed Chair Powell's upcoming speech at Jackson Hole, as past statements have had significant impacts on market expectations, particularly regarding inflation and interest rates [3] Group 2 - The recent decline in gold prices has been characterized by a bearish trend, with prices remaining below the middle and 60-day moving averages, indicating that bearish sentiment prevails until prices stabilize above these levels [4] - Key support levels for gold prices are identified at $3311 and $3275, while resistance levels are noted at $3327 and $3340, suggesting a cautious trading strategy in the current market environment [5]
美联储鹰派隐忧施压 国际黄金退守100日均线
Jin Tou Wang·2025-08-20 03:17