现货黄金小幅延续隔夜跌势测试3310一线支撑

Core Viewpoint - The recent decline in gold prices is influenced by a stronger US dollar, geopolitical uncertainties, and expectations regarding Federal Reserve policy, with a key focus on Chairman Powell's upcoming speech at the Jackson Hole symposium [1][3][4] Group 1: Federal Reserve Policy - The Federal Reserve's policy direction is a primary driver of gold price fluctuations, with market uncertainty surrounding Powell's speech at Jackson Hole [3] - There is an 85% probability that traders expect a 25 basis point rate cut in September, influenced by the higher-than-expected Producer Price Index (PPI) in July [3] Group 2: Geopolitical Factors - Geopolitical factors are subtly impacting gold's safe-haven appeal, particularly with President Trump's comments on the Ukraine conflict and potential peace negotiations [4] - If peace talks progress, global risk sentiment may improve, reducing gold's attractiveness as a safe-haven asset, while any breakdown in negotiations could reignite risk aversion and support gold prices [4] - The interplay of geopolitical tensions and Federal Reserve policy creates a complex environment for gold, with recent easing of geopolitical tensions providing temporary relief for bearish positions [4]