Core Viewpoint - The current surge in spot gold prices reflects strong market consensus on the likelihood of the Federal Reserve implementing further monetary easing before the end of the year, with expectations of two additional rate cuts in October and December [3]. Group 1: Market Dynamics - Spot gold has shown a robust upward trend, achieving a sixth consecutive week of gains, driven by dovish signals from the Federal Reserve and significant inflows of safe-haven capital [1][3]. - The price of spot gold reached a record high of $3736.28, marking a breakthrough into a previously uncharted territory [1][3]. - Year-to-date, gold prices have increased by over 40%, fueled by various global risk factors and expectations of continued monetary policy easing [3]. Group 2: Technical Analysis - The successful breach of the previous key level of $3703 confirms strong bullish momentum in the market, with buyers dominating and pushing prices into new territory [6]. - The $3700 level has now become a critical support point, with additional support seen at $3673 and $3630, bolstered by previous trading ranges and moving averages [6]. - Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest continued upward momentum, indicating that as long as prices remain above $3700, further gains towards new historical peaks are likely [6]. Group 3: Upcoming Events - Market attention will focus on speeches from several Federal Reserve officials, which may provide insights into future monetary policy directions following the recent cautious rate cut [4].
市场笃定美联储再降息 黄金涨势锐不可当
Jin Tou Wang·2025-09-23 02:08