黄金今日行情走势要点分析（2025.10.30）

Core Viewpoint - Gold prices experienced volatility, initially dropping to 3915 before rebounding, reaching a high of 4030, but ultimately closing at 3928 due to pressure from hawkish comments by the Federal Reserve Chairman Powell [1][2]. Fundamental Analysis - Powell indicated that a December rate cut is not guaranteed, with the probability dropping from 95% to 67.9%. The Fed will restart limited Treasury purchases, ending the quantitative tightening policy [2]. - The upcoming meeting between U.S. and Chinese leaders in Seoul is crucial; lack of progress in trade talks may provide short-term support for gold prices, while positive developments could increase downward pressure [3]. - The Bank of Japan and the European Central Bank are expected to maintain current interest rates, but any unexpected hawkish statements could increase market volatility [4]. Technical Analysis - Daily Chart: Gold showed a high-to-low reversal pattern, with three consecutive bearish candles at the start of the week. The 5-day and 10-day moving averages have formed a death cross, indicating a short-term bearish trend. Key resistance is identified in the 3985-3990 range, while support levels are at 3886, 3846, and 3720 [7][8]. - Four-Hour Chart: Gold initially dropped to 3915 but then entered a phase of consolidation. Key support is at 3917, with significant resistance at 4030. If prices break above this resistance, a bullish trend may follow [10].