Group 1 - The Federal Open Market Committee (FOMC) has lowered the federal funds rate target range by 0.25 percentage points, aligning with market expectations, but there is a divergence in the market regarding future rate cuts [3] - Chairman Powell cautioned investors about the December rate cut expectations, indicating that further reductions are not guaranteed, reflecting differing views among policymakers on employment and inflation outlooks [3] - Central banks globally are increasing gold reserves to hedge against the weakening dollar, with a reported 28% increase in purchases in Q3 compared to the previous quarter, and annual purchases expected between 750 tons and 900 tons [3] Group 2 - The recent summit between the leaders of China and the U.S. resulted in an agreement to extend the tariff truce, eliminate export controls, and reduce trade barriers, with China resuming purchases of U.S. agricultural products [4] - The agreement includes the U.S. halving tariffs on Chinese goods and extending the suspension of certain reciprocal tariffs, aiming to stabilize relations between the two major economies [4] - Cooperation will be enhanced in trade, energy, and artificial intelligence sectors, which is expected to positively impact the global economy [4] Group 3 - From a technical perspective, the next bullish target for December gold futures is to close above the strong resistance level of $4100.00, while the bearish target is to push prices below the strong support level of $3800.00 [6] - The first resistance level is identified at the overnight high of $4024.20, followed by $4050.00, while the first support level is at the overnight low of $3925.10, then $3900.00 [6]
comex黄金上行阻力看4100美元
Jin Tou Wang·2025-10-31 03:05