Group 1 - The core viewpoint indicates that gold prices are experiencing a rebound due to support from the 5-day moving average and a halt in the previous day's decline, while the dollar index's bullish momentum is slowing down, providing some support for gold prices [1][3] - The dollar index has shown a strong rebound, breaking through the mid-band resistance, which suggests that short-term bullish momentum may continue, potentially exerting downward pressure on gold prices [3] - Gold prices are expected to face resistance around $3780, and until they close above this level, a period of consolidation or pullback is anticipated, with potential support from the 10-day or 30-day moving averages [3] Group 2 - Key economic data to watch includes initial jobless claims for the week ending September 20, the final value of the core PCE price index for Q2, August durable goods orders, and the annualized total of existing home sales for August, with a general market expectation leaning towards a favorable outlook for gold prices [3] - Despite the overall positive expectations for gold, the anticipated impact is expected to be limited, and gold prices are likely to encounter resistance near $3780 unless jobless claims data indicates a stronger-than-expected labor market [3] - Technical indicators suggest that gold prices are facing overbought conditions and weakening momentum, indicating potential for a pullback, although the main trend remains above the 5-10 day moving averages, suggesting a possibility for upward movement [3]
金荣中国:黄金待回踩10日线支撑看涨
Sou Hu Cai Jing·2025-09-25 08:06