金价单周巨震近400美元结束周线“九连阳” 但暂获4000美元关口支撑

Core Viewpoint - International gold prices experienced significant volatility, with a sharp rise followed by a substantial decline, indicating a transition from a strong upward trend to a correction phase [1][3]. Fundamental Analysis - Short-term bullish factors have weakened, including the ceasefire in the Middle East, a strengthening US dollar, and profit-taking at high levels, leading to a retreat in gold prices [2][3]. - The ceasefire agreement between Hamas and Israel has reduced the demand for gold as a safe-haven asset, contributing to the price drop [2]. - The US dollar index has shown a weekly increase of 0.13%, continuing its upward trend, which has further suppressed gold prices [2]. - Despite the short-term decline, long-term drivers for gold remain strong, including expectations of interest rate cuts by the Federal Reserve, increased sanctions against Russia, and ongoing geopolitical instability [3]. Technical Analysis - The recent price action indicates a potential shift to a range-bound trading pattern after a nine-week streak of gains, with gold prices expected to oscillate between $4000 and $4200 [4][5]. - The gold price has found support around the $4000 level, with key resistance at $4200, suggesting a possible consolidation phase [5][6]. - The market sentiment has shown signs of recovery after the recent sharp decline, indicating a potential for stabilization within the identified range [5][6]. Market Outlook - The recent volatility suggests that the strong upward trend in gold prices may be temporarily halted, with a focus on short-term trading strategies within the $4000-$4200 range [6].