香港第一金PPLI：黄金直逼3700！如何布局才能抓住行情？

Core Viewpoint - The gold price is currently experiencing fluctuations near historical highs, with a divergence in bullish and bearish sentiment. The upcoming U.S. economic data, particularly the Markit PMI, is expected to significantly influence short-term price movements [5]. Group 1: Market Predictions - If the U.S. Markit PMI data released on September 23 is weak, it may reinforce expectations for continued Fed rate cuts, potentially supporting gold prices and allowing them to test the $3700-$3710 resistance area [2]. - Conversely, if the PMI data is strong, it could bolster the U.S. dollar and dampen expectations for aggressive Fed rate cuts, putting downward pressure on gold prices, with key support levels to watch at $3660-$3650 and possibly down to $3630-$3620 [2]. Group 2: Key Economic Indicators - Important upcoming economic data includes the U.S. September Markit PMI (September 23), the August core PCE price index (September 26), and the second quarter GDP final value along with August durable goods orders (September 25). These indicators are crucial for assessing the health of the U.S. economy and will influence market sentiment [3]. - The remarks from Fed officials, particularly from newly appointed member Miran, who has previously advocated for more significant rate cuts, could also impact market expectations regarding interest rates [3]. Group 3: Support Factors for Gold - The long-term upward trend for gold remains intact, supported by expectations of Fed rate cuts, global central bank gold purchases, and geopolitical uncertainties [2][5]. - Notably, the Chinese central bank has been increasing its gold reserves for ten consecutive months, providing medium to long-term support for gold prices [3].