金荣中国：现货黄金维持震荡承压态势，目前暂交投于4078美元附近

Fundamental Analysis - Gold prices are currently trading around $4078, experiencing downward pressure due to improved market sentiment following preliminary agreements on key trade issues between China and the U.S. [1][3] - The optimism surrounding U.S.-China trade relations has significantly reduced gold's appeal as a safe-haven asset, leading to a sharp decline in prices at the market open on Monday [3][4] - Despite the bearish sentiment from trade developments, expectations of a Federal Reserve interest rate cut this week provide crucial support for gold prices, with nearly 100% probability of a rate reduction to 3.75%-4.00% [3][4] - The U.S. Consumer Price Index (CPI) for September showed a year-on-year increase of 3.0%, slightly below the expected 3.1%, reinforcing the market's belief in a dovish monetary policy [3][4] - Geopolitical dynamics, particularly the potential diplomatic resolution of the Russia-Ukraine conflict, have further diminished gold's attractiveness as a safe-haven asset [4][5] Technical Analysis - On the daily chart, gold prices recorded a small entity close, indicating continued pressure after a significant drop, with potential further declines towards the $3900 region [7] - Short-term trading signals suggest that gold may face additional bearish indicators, particularly after failing to break above the $4150 level [7] - Traders are advised to monitor resistance levels around $4105/4120 and support levels near $4060/4000 for potential trading opportunities [7]