Core Insights - Gold prices are expected to continue receiving support through the remainder of 2025 due to increasing market risks, including inflation concerns, rising government debt, and a slowing U.S. economy [2] - Lombard Odier has raised its 12-month gold price target to $3,900 per ounce, with expectations that gold could reach $4,000 per ounce and silver $50 per ounce in the next three to six months [2] - Technical analysis suggests that gold may break below the support level of $3,623 per ounce, potentially falling to a range of $3,539 to $3,591 [3] Market Dynamics - Speculative positions in gold have decreased since April, while demand has risen amid limited supply, which is expected to further drive up gold prices [2] - The flow of funds into ETFs remains a significant factor influencing gold prices, particularly in Asia, with potential for further price increases if momentum in fund flows improves [2] Technical Analysis - The five-wave cycle starting from $3,322 appears to have completed, with a target area for retracement identified between $3,539 and $3,591 [3] - A resistance level is noted at $3,649, with a breakthrough potentially leading to a mild increase into the range of $3,674 to $3,685 [3] - Recent candlestick patterns indicate a waning bullish momentum, with a high likelihood of a pullback to $3,576 [3]
黄金调整跌破生命线 空头瞄准这一区间
Jin Tou Wang·2025-09-11 09:41