张尧浠：百日线支撑如期看涨反弹、日内回落仍可低多

Core Viewpoint - International gold prices have rebounded after touching the 100-day moving average support, indicating a bullish sentiment in the market [1][9]. Group 1: Market Performance - On August 20, gold opened at $3,315.88 per ounce, dipped to a low of $3,311.56, and then rose to a high of $3,350.21 before closing at $3,348.00, marking a daily increase of $32.12 or 0.97% [1]. - The daily trading range was $38.65, reflecting significant volatility in the market [1]. Group 2: Influencing Factors - The rebound in gold prices was supported by buying interest and the exhaustion of negative factors, alongside geopolitical tensions in the Middle East and potential tariff increases announced by Trump [3]. - The market is currently facing uncertainty due to potential tariff hikes on steel and chips, which could reach as high as 300% [3]. Group 3: Future Outlook - The market is expected to maintain a bullish or oscillating trend above the 100-day moving average, with key support levels at $3,337 and $3,330, and resistance levels at $3,355 and $3,370 [9]. - The upcoming Jackson Hole meeting may provide further insights, but any hawkish comments from Powell are expected to have limited impact on gold prices in the short term [5].