Group 1 - The core viewpoint indicates that gold prices are likely to continue a high-level oscillation pattern in the short term, with significant resistance in the 4200-4300 range, while also facing technical pullback pressure due to previously realized bullish factors [2] - The overall support for gold prices remains solid, driven by incomplete interest rate cut expectations and strong financial attributes, alongside medium to long-term monetary support and geopolitical variables that limit downside potential [2] - Future market direction will depend on the confirmation of the Federal Reserve chair selection and further data, with a clear policy path potentially leading to a new trend for gold prices [2] Group 2 - As of December 3, the Shanghai gold futures price is reported at 955.66 yuan per gram, with a decline of 0.12%, opening at 958.00 yuan per gram, and fluctuating between a high of 964.12 yuan and a low of 954.12 yuan [1] - The probability of a 25 basis point rate cut by the Federal Reserve in December is 89.2%, with a 10.8% chance of maintaining the current rate, while the cumulative probability of a 25 basis point cut by January is 66.6% [1] - The U.S. government is expected to expand its travel ban to approximately 30 countries as part of stricter immigration measures, following recent violent incidents involving National Guard soldiers [1]
信达期货：降息预期vs地缘风险！ 黄金拉锯何时休？
Jin Tou Wang·2025-12-04 02:02