张德盛：9.17今日黄金价格回落继续多？积存金行情走势分析操作

Group 1 - The gold market is experiencing unprecedented excitement, with spot gold prices surpassing $3,700 per ounce for the first time, reaching a peak of $3,702.93 before closing at $3,689.60, driven by expectations of a Federal Reserve rate cut and a significant drop in the dollar index [2] - The market is reacting to multiple factors including geopolitical risks, a surge in central bank gold purchases, and a weakening dollar, which collectively contributed to the rise in gold prices [2] - The upcoming Federal Reserve interest rate decision is expected to have a significant impact on gold prices, with a consensus that a 25 basis point cut is likely, but the market may react negatively post-announcement due to already priced-in expectations [2] Group 2 - Technical analysis indicates a bullish trend in the gold market, with daily indicators showing a consolidation phase, while MACD suggests a continued upward momentum [3] - Short-term support levels for gold are identified at $3,680-$3,685, with potential upward targets around $3,710 and even $3,750, maintaining a bullish outlook for the year [3] - In the domestic market, it is advised to exit long positions in Shanghai gold and accumulation gold at specified levels, suggesting a cautious approach and recommending to avoid holding positions until after the Federal Reserve's decision [3]