【UNforex财经事件】美元强势压制黄金，4000美元关口成关键支撑

Core Viewpoint - The Federal Reserve's hawkish stance continues to dominate the market, with uncertainty surrounding future interest rate cuts impacting gold prices [1][2][3] Group 1: Federal Reserve and Interest Rates - Powell announced a reduction in the benchmark overnight lending rate to 3.75%-4.0%, but emphasized that future cuts are not guaranteed and will depend on economic data [1] - Market expectations suggest a 70% probability of a 25 basis point rate cut in December, but this outlook remains complex and subject to change [1][2] Group 2: Economic Data and Market Impact - The ISM manufacturing PMI for October fell to 48.7, below the expected 49.5, raising concerns about a slowdown in the U.S. economy and providing some support for gold [1] - Upcoming U.S. ADP employment data is anticipated to offer further insights into the Fed's rate cut prospects, with weaker data potentially boosting demand for safe-haven assets like gold [2][3] Group 3: Gold Price Dynamics - Gold prices are currently under pressure, remaining below the $4000 mark, with short-term support at $3950 [2] - If gold fails to break through the $4000 resistance, it may continue to experience fluctuations, potentially testing lower support levels around $3900 [2] - A successful breakthrough above $4000 could open up upward potential, targeting the $4050-$4060 range, but short-term gains may be limited due to market sentiment and the Fed's hawkish policies [2]