伦敦金多头折戟调整 4小时级别开启回撤

Core Viewpoint - The recent fluctuations in gold prices are influenced by weak U.S. employment data and expectations of Federal Reserve interest rate cuts, with gold prices reaching a high of $3578 per ounce before experiencing profit-taking [1][3][4]. Economic Data Impact - The U.S. July JOLTS job openings data showed a decline to 7.181 million, the lowest since September 2024, which was below the expected 7.382 million and revised down from 7.437 million [3]. - The market is closely monitoring upcoming employment data, including the August ADP employment numbers and initial jobless claims, as continued weak performance could lead to further declines in the U.S. dollar and support gold prices [3]. Market Sentiment - There is a strong market expectation for the Federal Reserve to cut interest rates by 139 basis points by the end of next year, which diminishes the attractiveness of the U.S. dollar and benefits gold prices [3]. - Geopolitical uncertainties and interventions by figures like Trump may increase market volatility, prompting investors to seek safe-haven assets like gold [3]. Technical Analysis - Gold prices are expected to challenge the $3600 per ounce level, although the Relative Strength Index (RSI) indicates overbought conditions, suggesting potential short-term consolidation [6]. - Current support levels for gold are around $3512, with resistance at $3545, and the market is showing signs of a possible pullback [6].