张尧浠：美政府陷入停摆、金价周内维持看涨前景

Core Viewpoint - The article discusses the bullish outlook for gold prices amid the U.S. government shutdown and disappointing labor data, which have contributed to a decline in the U.S. dollar index, thereby supporting gold's price recovery [1][3]. Price Movement - On September 30, gold opened at $3,833.12 per ounce, reached a high of $3,871.31, then fell to a low of $3,792.99 before closing at $3,858.13, resulting in a daily fluctuation of $78.32 and a gain of $25.01, or 0.65% [3]. - The price recovery was influenced by the U.S. government's shutdown risk and overall favorable data from the U.S. market, despite profit-taking in the Chinese market and hawkish comments from a Federal Reserve official [3][5]. Future Outlook - On October 1, gold is expected to continue its upward trend, although the dollar index's early rebound may limit bullish momentum. The overall trend remains within a range, with no significant pressure anticipated in the short term [5]. - The U.S. government shutdown is expected to delay the release of key non-farm payroll data, which may further bolster gold prices due to increased risk aversion [5]. Technical Analysis - The daily chart indicates that gold prices have rebounded after testing the 5-day moving average support, suggesting a continued bullish trend. Key resistance levels are identified at $3,880 and $3,900, while support levels are at $3,845 and $3,818 [7]. - The weekly chart shows that gold has consistently tested the mid-band support since its rise last year, with the potential for further upward movement despite some resistance near the upper Bollinger Band [8].