金晟富：9.23黄金强势上涨加速赶顶！日内黄金行情分析参考

Core Viewpoint - The recent surge in gold prices is driven by strong expectations of further interest rate cuts by the Federal Reserve and ongoing geopolitical uncertainties, leading to increased demand for gold as a safe-haven asset [1][2]. Market Dynamics - Gold reached a historical high of $3757.99 per ounce, with a 1.7% increase to $3746.47 per ounce on the previous day, fueled by investor anticipation of further Fed rate cuts and geopolitical tensions [1]. - Silver prices also hit a 14-year high, indicating overall strength in the precious metals market [1]. - The Federal Reserve's recent 25 basis point rate cut marks the beginning of a new easing cycle, although there are internal divisions regarding the pace of future cuts [2]. Geopolitical Factors - Ongoing geopolitical tensions, such as the Russia-Ukraine conflict and instability in the Middle East, are contributing to persistent demand for gold as a hedge against uncertainty [1][2]. - The demand for gold is characterized as structural and ongoing, providing a solid foundation for high prices despite potential short-term fluctuations in monetary policy expectations [1]. Technical Analysis - The current market shows a strong bullish trend for gold, with key support levels identified at $3737-3740 and resistance at $3790-3800 [5]. - The analysis suggests a strategy of buying on dips, with a focus on maintaining risk management through stop-loss orders [5][6]. Future Outlook - The short-term price movements of gold will be closely tied to comments from Fed officials and upcoming economic data, particularly employment and inflation figures [2]. - The long-term bullish outlook for gold remains intact as long as the global easing cycle continues and geopolitical uncertainties persist [2].