Core Viewpoint - The market's expectation of further interest rate cuts by the Federal Reserve, along with geopolitical tensions, trade conflicts, and global economic uncertainties, has strengthened the demand for gold as a safe haven, providing support for gold prices [1][3] Price Movements - Gold prices faced resistance after reaching $3779, subsequently experiencing a decline to $3717 before rebounding to $3736 [1] - On Thursday, gold opened at $3751, faced resistance, and then stabilized around $3729 before rising to $3761, currently trading at $3753 [1][3] Technical Analysis - The overall trend for gold remains upward despite recent fluctuations, with key support levels at $3750 and $3730, and resistance levels at $3779 and $3791 [3] - Short-term technical indicators show that the bullish sentiment continues to dominate, although there are signs of potential adjustments [3] Market Sentiment - Federal Reserve Chairman Jerome Powell's cautious stance regarding inflation and employment risks has heightened market caution, impacting gold's upward momentum [1][3] - Recent geopolitical developments, including peace proposals and tariff agreements, have reduced market risk aversion, contributing to gold's price adjustments [1]
黄力晨：降息预期支撑金价 黄金仍可逢低吸纳
Sou Hu Cai Jing·2025-09-25 11:29