Core Viewpoint - The market is in a wait-and-see mode ahead of the FOMC meeting, with gold prices experiencing fluctuations due to inflation concerns and expectations of a more hawkish stance from the Fed [3]. Market Performance - During the Asian trading session, February gold futures reported at $4229.1 per ounce, down by $7.1 [1]. - The overall market is calm as investors await the outcome of the FOMC meeting [1]. Gold Market Dynamics - Concerns over inflation have led to increased expectations for a hawkish approach from the FOMC and Powell, which has influenced market sentiment [3]. - Improved liquidity has reduced the cost of holding gold, contributing to a decline in the US dollar index and a decrease in the yield of 10-year US Treasury bonds, both of which are favorable for gold prices [3]. Trading Activity - Following the FOMC decision announcement, there was a significant increase in trading volume for COMEX gold futures, with a surge in buying activity pushing gold prices above the $4220 resistance level [3]. - The Commodity Futures Trading Commission plans to complete the backlog of position reports by the end of December, earlier than previously expected [3]. Technical Analysis - The next upward target for February gold futures is to close above the strong resistance level of $4433.00 per ounce, which is the contract high and historical record [3]. - The immediate resistance levels are identified at $4251.70 and $4285.00 per ounce, while the first support levels are at $4197.80 and $4150.00 per ounce [3].
美联储决议后黄金期货买盘涌入破4220
Jin Tou Wang·2025-12-11 03:07