国际黄金暂回调4000美元可期

Core Viewpoint - The outlook for gold remains positive, particularly during the Federal Reserve's easing cycle, which typically benefits non-yielding metals [2] Group 1: Market Trends - As of September 19, international gold is trading around $3,632, with a recent price of $3,646.26 per ounce, reflecting a 0.05% increase [1] - Gold prices reached a high of $3,650.98 and a low of $3,632.02 during the trading session, indicating a short-term bullish trend [1] - In August, Swiss gold exports to China surged by 254%, highlighting strong demand [2] Group 2: Federal Reserve Influence - The Federal Reserve's recent decision to cut interest rates by 25 basis points was not unanimous, with some members advocating for a 50 basis point cut, reinforcing the rationale for further easing in upcoming meetings [2] - Fed Chairman Jerome Powell described the rate cut as a risk management measure in response to a weakening labor market, but emphasized that the Fed is not in a hurry to begin easing [2][3] Group 3: Technical Analysis - Recent fluctuations in gold prices show a pattern of technical correction after reaching historical highs, with expectations of a continued long-term bullish trend [2] - The daily moving averages indicate a maintained bullish trend, despite short-term corrections [4] - Hourly and four-hour indicators suggest a mixed outlook, with short-term bearish signals but support at key moving averages [4]