双轮驱动黄金破位3700 长线上涨空间打开

Core Viewpoint - The recent surge in gold prices, reaching a historic high of $3,759 per ounce, is primarily driven by the Federal Reserve's dovish policy stance and expectations of further monetary easing [1][3]. Group 1: Federal Reserve Influence - The Federal Reserve's recent decision to cut interest rates for the first time since December has reinforced market expectations for continued monetary easing [1][3]. - Fed Chairman Jerome Powell's comments regarding rate cuts as a "risk management" decision have further supported the outlook for future monetary loosening, putting pressure on the dollar [3][4]. Group 2: Geopolitical Factors - Rising geopolitical tensions, particularly between Ukraine and Russia, as well as ongoing conflicts in the Middle East, have heightened risk aversion among investors, driving them towards gold as a safe-haven asset [3][4]. - Analysts believe that the combination of the Fed's policies and geopolitical conflicts provides a solid rationale for gold's price increase [3]. Group 3: Market Sentiment and Technical Analysis - Market sentiment remains bullish, with traders speculating that U.S. short-term interest rates could fall below 3% by the end of 2026, enhancing gold's investment appeal [3]. - Technically, gold prices have broken through the $3,700 level, with short-term support at $3,725 and potential resistance at the recent high of $3,759 [5].