黄金牛市结束了吗？专家：金价长期很可能到1万美元，每个家庭都应该配置

Core Viewpoint - The macro bull market for gold has not ended, and the current price fluctuations are seen as a technical correction rather than a trend reversal [4][5]. Market Dynamics - Gold prices have retreated approximately 10% from historical highs, currently oscillating around $4000, leading to investor uncertainty regarding future investments [2]. - The recent gold tax policy changes have raised concerns, particularly regarding the adjustment of value-added tax on jewelry and the differentiation between investment and non-investment gold [8][9]. Key Support and Resistance Levels - Key support levels for gold are identified at $3840-$3850, $3720, and $3520, with the latter being a significant technical correction point [6]. - Resistance levels are noted at $4046, $4190, and $4380, with a breakthrough above $4380 potentially opening up further upward movement towards $4900 and beyond [6]. Investment Strategies - Investors are advised to allocate at least 5% of their household assets to physical gold, adhering to a strategy of buying on small dips and larger dips [4][14]. - The shift towards gold ETFs and other non-physical gold products is encouraged due to the new tax regulations, which may increase transaction costs for physical gold [10][9]. Future Outlook - The Federal Reserve's interest rate decisions are expected to be the primary driver of gold prices in the next 3-6 months, with expectations of 4-6 rate cuts ahead [13]. - Long-term projections suggest that gold prices could potentially exceed $10,000, driven by ongoing global monetary changes and geopolitical tensions [14].