张尧浠：美国信贷爆雷鸽声四起、金价如期触及趋势压力位动力不减

Core Viewpoint - The international gold price has shown strong upward momentum, reaching significant resistance levels, indicating potential for further bullish trends, with a target of $5000 if it maintains above key support levels [1][3][6]. Market Performance - On October 16, gold opened at $4207.97 per ounce, hitting a low of $4199.63 before rebounding, ultimately closing at $4325.77, marking a daily increase of $117.8 or 2.8% [3]. - The market is driven by bullish buying pressure, influenced by the U.S. Senate's failure to pass a temporary funding bill, ongoing concerns about a government shutdown, and increased expectations for interest rate cuts from the Federal Reserve [3][6]. Technical Analysis - The monthly chart indicates that gold is approaching resistance levels, suggesting potential for significant pullbacks if it fails to close above these levels [9]. - The weekly chart shows gold prices have breached the upper Bollinger Band, indicating a possible technical peak and subsequent correction risks [9][11]. - Key support levels for gold are identified at $4300 and $4270, while resistance levels are at $4390 and $4430 [11]. Economic Indicators - The market is closely monitoring upcoming U.S. economic data, including new housing starts and import price indices, which are expected to have a bearish impact on gold prices [4][6]. - The Federal Reserve's dovish stance and concerns over a government shutdown are expected to sustain bullish sentiment for gold in the near term [6][8].