美联储降息，为何扭转不了黄金回调的势头？

Core Viewpoint - The article discusses the recent fluctuations in gold and silver prices, particularly in response to the Federal Reserve's interest rate decisions and geopolitical developments, indicating a bearish trend in the gold market. Group 1: Market Reactions to Federal Reserve Decisions - The Federal Reserve announced a 25 basis point reduction in the federal funds rate, bringing it to a target range of 3.75% to 4.00%, marking the fifth rate cut since September 2024 [1] - Following the announcement, market expectations for a December rate cut decreased from 90% to 70% [3] Group 2: Technical Analysis of Gold Prices - The daily chart for gold shows a clear bearish trend, with a significant drop after reaching a peak of 4030, and a failure to maintain above the 4000 USD mark [1][5] - The recent price action indicates strong selling pressure, with key resistance levels identified at 4020 and the 5-day moving average [1][5] - A break below the 3915 support level could lead to further declines, with potential targets at 3885 and 3800 [7] Group 3: Silver Market Insights - Silver prices have shown some stability around the 45.5 level, but a break below this support could diminish bullish momentum [7]