高晓峰：9.15黄金高位震荡，多头力量未见衰竭

Group 1 - The core viewpoint is that the recent weak labor market data in the U.S. and President Trump's pressure for significant interest rate cuts have strengthened market expectations for the Federal Reserve to initiate its first rate cut of the year [1] - Gold prices have risen for the fourth consecutive week, with a year-to-date increase of 39%, highlighting its appeal as a safe-haven asset amid macroeconomic uncertainties [1] - Market focus has shifted from "whether to cut rates" to "the extent and frequency of rate cuts," with widespread predictions of consecutive rate cuts in September and October [1] Group 2 - From a technical perspective, after reaching a historical high of $3,674, gold has not shown significant reversal signals, indicating that bullish sentiment remains dominant [3] - Current gold prices are in a high-level consolidation phase, suggesting that buying pressure has not weakened [3] - As the interest rate decision approaches, both bulls and bears may adopt a wait-and-see approach, with short-term expectations leaning towards consolidation, focusing on support at the 3,620-3,615 range and resistance at 3,660 [3] Group 3 - A trading suggestion is provided to buy on a pullback to the 3,625-3,620 range, with a stop loss at 3,615 and a target of 3,655-3,660, emphasizing the importance of setting strict stop-loss orders [4]