金投财经晚间道：美联储降息难助金价破局 3600上方陷入高位盘整

Group 1: Gold Market Analysis - Gold prices experienced a slight recovery, increasing by approximately 0.30% during the Asian session on September 19, breaking a two-day decline [1] - The price of gold reached a historical high of $3707.35 per ounce on September 17, but faced selling pressure following optimistic labor market data, leading to profit-taking and a shift towards the dollar [1][3] - Analysts noted that profit-taking was driven by a reassessment of Federal Reserve policy changes, with expectations of rate cuts tempered by Chairman Powell's comments indicating a cautious approach to rate adjustments [3] Group 2: Market Sentiment and Technical Indicators - Despite the initiation of a new easing cycle by the Federal Reserve, gold prices have struggled to find upward momentum, remaining above $3600 per ounce [3] - The market's risk-averse sentiment persists, with expectations of two more rate cuts by the Federal Reserve this year limiting the downside for gold [4] - Technical analysis indicates that gold is facing resistance around $3670, with support at approximately $3630, suggesting a range-bound trading environment [4] Group 3: Broader Economic Indicators - The U.S. dollar index has shown signs of recovery following the Federal Reserve's rate cut, which has further pressured gold prices [4] - Positive initial jobless claims data from the U.S. has also contributed to downward pressure on gold [4]