金荣中国：美联储利率决议如期落地，金价冲高回落或陷震荡

Core Viewpoint - International gold prices experienced fluctuations and closed lower on October 29, with a closing price of $3993.00 per ounce after reaching a high of $4030.36 and a low of $3913.43 [1] Economic Indicators - The Federal Reserve's interest rate was set at 4%, aligning with market expectations, down from the previous 4.25% [3] - The FOMC statement indicated a split among members regarding future rate cuts, with some supporting a 50 basis point cut while others preferred to maintain the current rate [3][4] - Economic activity is expanding at a moderate pace, with employment growth slowing and a slight increase in the unemployment rate [3][4] Federal Reserve Insights - Fed Chair Powell emphasized that the decision for a December rate cut is not guaranteed and highlighted significant uncertainty due to a lack of government data [4][5] - The probability of a 25 basis point cut in December is estimated at 67.8%, while the likelihood of maintaining the current rate is 32.2% [5] Gold Market Dynamics - The largest gold ETF, SPDR Gold Trust, saw a decrease in holdings by 2.87 tons, bringing the total to 1036.05 tons [5] - Gold prices are currently in a downtrend since peaking at $4381, with short-term indicators suggesting a bearish outlook [9] Trading Strategy - Suggested trading strategies include cautious high short and low long positions, with specific entry and exit points outlined for both aggressive and conservative traders [10]