张尧浠:美联储降息前景仍在 金价震荡调整待走强
Sou Hu Cai Jing·2025-11-24 12:38

Core Viewpoint - The international gold market experienced a slight decline last week, influenced by the Federal Reserve's expectations regarding interest rate cuts in December and mixed employment data, but remains above the 5-10 week moving averages, indicating potential for future strength [1][3] Group 1: Market Performance - Gold prices opened the week at $4084.59 per ounce, hitting a weekly low of $3997.78 on Tuesday, before reaching a high of $4132.38, ultimately closing at $4064.80, resulting in a weekly fluctuation of $134.6 and a decline of $19.79, or 0.48% [1] - The market is currently experiencing a narrow range of fluctuations, with early signs of recovery supported by dovish comments from Federal Reserve officials, although facing resistance from a strong dollar index [3] Group 2: Future Outlook - The outlook for gold remains bullish, with expectations of a continued easing cycle from the Federal Reserve and ongoing geopolitical risks, alongside persistent demand for gold from global central banks and ETF holdings [6] - Historical trends suggest that corrections during easing cycles often present good buying opportunities, reinforcing the view that current adjustments may be seen as entry points for investors [6] - Technical analysis indicates that gold prices are above the 10-week moving average, with potential for further upward movement if key resistance levels are broken, while support levels are identified at the 60-day and 100-day moving averages [8]