黄金今日行情走势要点分析（2025.9.23）

Core Viewpoint - The gold market is experiencing a strong upward trend, supported by recent interest rate cuts by the Federal Reserve and ongoing geopolitical tensions, which are driving demand for gold as a safe-haven asset [2][5]. Fundamental Analysis - The Federal Reserve has cut interest rates by 25 basis points, initiating a new round of monetary easing, with market expectations for further cuts in October reaching 90% [2] - The weakening of the US dollar, which fell by 0.36% on Monday, enhances the purchasing power of gold for holders of other currencies, thereby increasing global demand for gold [2] - Geopolitical uncertainties, particularly the ongoing Russia-Ukraine conflict and tensions in the Middle East, are prompting investors to allocate funds into gold, reinforcing its status as a traditional safe-haven asset [2] - Silver, benefiting from its industrial applications in renewable energy, is also attracting investor interest due to the global green transition, providing long-term growth potential [2] Technical Analysis - On the daily chart, gold has shown a strong bullish trend, breaking through previous highs and forming a nearly perfect bullish candlestick pattern [5] - The current support levels are identified at approximately 3690 (5-day moving average) and 3670 (10-day moving average), while resistance is noted around 3800, which is significant from a technical perspective [5] - On the four-hour chart, gold has maintained a strong upward movement, relying on the MA5 moving average for support, indicating a continuation of the bullish trend [8] - Key support levels to watch are between 3708 and 3703, while resistance levels are at 3769 and 3800 [8]