金晟富：9.24黄金高位震荡良性调整！日内黄金分析操作布局

Core Viewpoint - The recent surge in gold prices is driven by geopolitical tensions and expectations of continued interest rate cuts by the Federal Reserve, creating a strong demand for gold as a safe-haven asset [1][2][3]. Group 1: Market Dynamics - Gold prices reached a historical high of $3,790.97 per ounce, closing at $3,763.93, reflecting a 0.46% increase [1]. - The ongoing geopolitical tensions, particularly involving NATO and Russia, have heightened investor demand for gold, reinforcing its status as a safe-haven asset [2]. - The market anticipates that the Federal Reserve may cut interest rates in October and December, which would lower the opportunity cost of holding non-yielding assets like gold [2][3]. Group 2: Economic Indicators - The upcoming U.S. Personal Consumption Expenditures (PCE) price index is a key focus, as it will influence market expectations regarding the Federal Reserve's decisions in October [3]. - If the PCE data indicates easing inflation pressures, it would strengthen the case for rate cuts, benefiting gold prices [3]. - Conversely, persistent inflation could undermine market confidence in rate cuts, leading to potential volatility in gold prices [3]. Group 3: Technical Analysis - The current trading strategy emphasizes a bullish outlook on gold, suggesting buying on dips rather than chasing highs, with key support levels at $3,737 and $3,715 [4][6]. - A recent pattern of high volatility indicates potential for a mid-term correction, but as long as key support levels hold, the bullish trend remains intact [6][7]. - The market is advised to focus on the $3,800 resistance level, with strategies in place for both long and short positions based on market movements [8].