陈峻齐:鲍威尔放鹰黄金闻声下跌

Core Viewpoint - The market reacted negatively to Federal Reserve Chair Powell's hawkish comments following a 25 basis point interest rate cut, leading to a decline in both the dollar and gold prices [1][2]. Group 1: Market Reaction - The Federal Reserve's decision to cut interest rates by 25 basis points was anticipated, but Powell's indication that further cuts may not occur in December shifted market expectations [1]. - Following Powell's remarks, gold prices fell sharply, erasing gains made earlier in the week and reaching a low of 3916 [1]. Group 2: Technical Analysis - The gold market is currently facing resistance at the 4030 level, which is crucial for sustaining bullish momentum; a breakthrough here is necessary for further upward movement [2]. - Support is identified at the 3916 level, with a potential drop to 3886 if this support is breached; the market is advised to monitor these levels closely [2]. - Trading strategy suggests short positions below 3966 with a target of 3920, while a rebound above 3916 could signal a buying opportunity [2].