Core Viewpoint - The international gold market has shown a strong rebound, reaching historical highs and maintaining an upward trend, with future movements dependent on the trend line resistance level [1][3]. Price Movement - Gold prices opened the week at $4004.70, hitting a low of $4003.62 before rebounding to a historical high of $4378.91 on Friday, followed by a drop of over $192, ultimately closing at $4246.89. The weekly price fluctuation was $375.29, with a weekly increase of $234.26, representing a 5.83% rise compared to the previous week's closing price of $4012.63 [3]. Influencing Factors - The rise in gold prices was driven by concerns over a potential U.S. government shutdown, statements from Federal Reserve officials supporting interest rate cuts, heightened geopolitical tensions, and increased risk aversion due to issues in the U.S. credit market [3]. - The upward movement faced resistance at the trend line, leading to profit-taking, while the U.S. dollar index and U.S. Treasury yields rebounded on Friday, adding pressure to gold prices [3].
金价如期受阻趋势线压力、关注再度调整和入场机会