金价失守4000美元关口后止跌反弹，黄金ETF华夏（518850）跌1.65%

Core Viewpoint - The recent easing of tariff risks has led to a decline in COMEX gold futures prices, which briefly fell below the $4000 per ounce mark, currently trading around $4025 per ounce [1] Group 1: Market Impact - Gold-related ETFs have faced setbacks, with the Huaxia Gold ETF (518850) down 1.65% and the Gold Stock ETF (159562) down 1.62% as of 10:05 AM [1] - Major holdings in these ETFs, including Tongling Nonferrous Metals, Jiangxi Copper, Zhaojin Mining, and Shandong Gold, have experienced significant declines [1] - The broader Nonferrous Metals ETF (516650) has also seen a decrease of 0.7% [1] Group 2: Technical Analysis - Gold prices have fallen below the 23.6% Fibonacci retracement level, which marked a significant increase of 23.6% from July to October [1] - However, prices around $4020 per ounce are showing support, indicating a potential for a short-term technical rebound [1] Group 3: Economic Context - The easing of tensions in the US-China trade dispute has improved risk appetite, contributing to the decline in gold prices, which hit a low of $3971 per ounce, the first drop below $4000 since mid-October [1] - Expectations of the Federal Reserve potentially restarting a monetary easing cycle may encourage investors to buy gold [1]