Core Viewpoint - Gold prices are experiencing a weak consolidation below $4200, influenced by rising market risk appetite and a stabilizing dollar, with investors remaining cautious ahead of key inflation data [1][2] Group 1: Market Sentiment and Economic Indicators - The market sentiment is leaning positive due to a rebound in European and American stock markets, putting pressure on gold prices [1] - The ADP report indicates a decrease of 32,000 jobs, contributing to expectations for looser monetary policy as economic momentum appears to be slowing [2] - The focus is shifting towards the upcoming PCE inflation data, which will be crucial for assessing the Federal Reserve's interest rate decisions [2][4] Group 2: Technical Analysis - Gold prices are in a range-bound structure, with key support at the 4163-4164 area; a break below this could push prices towards the 4100-4085 range [3][5] - The resistance level is identified at 4245-4250; a breakout above this range could lead to further testing of 4277-4278 and potentially the $4300 level [3][5] Group 3: Key Drivers and Risks - The PCE inflation and initial jobless claims are critical for directional judgment this week, with expectations of a Federal Reserve rate cut remaining a central theme in the market [4][6] - There is a cautionary note regarding potential risks from sudden geopolitical tensions or a rapid dollar rebound, which could significantly amplify gold price volatility [6]
【UNforex财经事件】避险降温与美元反弹交叠 金价围绕4200下方弱势整理
Sou Hu Cai Jing·2025-12-04 09:25