ATFX策略师：黄金站上3400美元，有望再次冲击历史新高

Group 1 - The core viewpoint indicates that gold is experiencing a stable upward trend despite weak national risk aversion and a lack of significant decline in the US dollar index, suggesting the entry of long-term funds for non-speculative purposes [1] - The historical highest point for gold is $3499 (London gold), and if the current upward trend can reach a new high, the probability of long-term funds entering the market is high [1] - The potential for a technical rebound exists if the upward movement stops near the resistance level of $3438, which has been the range since April 22 [1] Group 2 - The US dollar index has been in a sideways trend since July 1, with an upper limit of 100.23 and a lower limit of 96.34, indicating a medium price range [2] - A potential interest rate cut by the Federal Reserve in September could lead to a significant decline in the dollar index, but current market conditions have not yet reacted to this possibility [2] - The recent movements of the dollar index have a weak influence on gold prices [2] Group 3 - From a technical perspective, the medium to long-term trend for gold remains oscillatory, with a converging structure [4] - An effective breakout is indicated if the closing price remains above the upper trend line after being breached on the 27th [4] - A warning signal will arise if a future candlestick closes below the upward trend line, indicating potential resistance and a pullback [4]