Core Viewpoint - The international gold price experienced a short-term profit-taking adjustment, with potential bullish opportunities remaining as it approaches support levels [1][3]. Price Movement - On September 24, gold opened at $3764.85 per ounce, reached a high of $3779.02, and then fell to a low of $3717.61, closing at $3735.87, marking a daily decline of $28.98 or 0.77% [1]. - The price volatility for the day was $61.41 [1]. Market Influences - Factors such as U.S. Treasury Secretary's comments on interest rate cuts, geopolitical developments, and a U.S.-EU tariff agreement contributed to a decrease in market risk appetite, negatively impacting gold prices [3]. - The dollar index showed strength, which is expected to exert downward pressure on gold prices unless gold can close above the key resistance level of $3780 [3][5]. Technical Analysis - The gold price remains above the 5-10 day moving averages, indicating a potential for upward movement despite short-term adjustments [7]. - Key support levels for gold are identified at $3730 and $3710, while resistance levels are at $3775 and $3800 [7]. Upcoming Economic Data - Market participants are advised to monitor upcoming U.S. economic data, including initial jobless claims and core PCE price index, which may influence gold prices [5].
张尧浠:金价短线获利了结调整、回踩支撑仍是多头机会
Sou Hu Cai Jing·2025-09-25 01:33