Core Viewpoint - The outlook for gold prices remains bullish, supported by concerns over the independence of the Federal Reserve and potential dovish monetary policy from the U.S. government [1][3]. Price Movements - On August 27, gold opened at $3,393.50 per ounce, dipped to a low of $3,373.48, and then rebounded to a high of $3,398.30, closing at $3,396.82, marking a daily increase of $3.32 or 0.098% [3]. - The price is expected to remain within a triangular consolidation pattern, with a bias towards upward breakout in the coming days [3]. Market Influences - Concerns regarding President Trump's attempts to dismiss a Federal Reserve board member have heightened market anxiety about the Fed's independence, which supports gold prices [3]. - The market anticipates a more dovish outlook for the Federal Reserve, which is likely to further benefit gold [3]. Technical Analysis - The gold price has been in a bullish trend since last year, with recent adjustments likely leading to another upward movement [7]. - Key support levels to watch are around $3,270 and $3,220, which may present buying opportunities [7]. - The daily chart indicates that gold remains above the midline and 60-day moving averages, with bullish momentum prevailing despite some indicators suggesting a potential pullback [9]. Support and Resistance Levels - For gold, support levels are identified at $3,382 and $3,361, while resistance levels are at $3,407 and $3,418 [10]. - Silver support levels are at $38.35 and $38.15, with resistance at $39.00 and $39.20 [10].
张尧浠:金价看涨前景加强、周尾留意数据短线调整风险
Sou Hu Cai Jing·2025-08-28 01:36