金荣中国：全球经济不确定性下，避险资产黄金再次闪耀光芒

Fundamental Analysis - Gold prices have surged, currently trading around $4,270 per ounce, following a strong breakout after the Federal Reserve's third consecutive rate cut of 25 basis points, which led to a 1.2% increase in gold prices, reaching a one-month high of $4,285.75 per ounce [1][3] - The decline of the US dollar index to a near two-month low of 98.13 has been a significant factor in driving gold prices higher, as a weaker dollar reduces the cost of gold for international buyers, thereby stimulating demand [3] - The Federal Reserve's dovish stance, emphasizing monitoring labor market trends and acknowledging persistent inflation, suggests the possibility of further rate cuts, which has bolstered investor sentiment towards gold [3][4] - Historical trends indicate that periods of Fed easing typically coincide with strong rebounds in gold prices, as seen with the recent increase in spot gold prices and the rise of silver to a historical high of $64.31 per ounce [4] Technical Analysis - The daily chart indicates a strong bullish breakout, with gold prices closing around $4,279, suggesting potential upward movement towards historical highs near $4,380 [7] - Short-term price action has shown consolidation around the $4,265 level, with a recent breakout above $4,250 leading to further upward momentum, testing levels around $4,285 [7] - Traders are advised to monitor support levels above $4,250 and consider long positions, targeting resistance levels around $4,290 to $4,320 [7] Geopolitical Factors - Global geopolitical tensions, including the situation in Ukraine and statements from US President Trump regarding Venezuela, have added to the uncertainty, further supporting gold as a safe-haven asset [5] - The interplay of Fed rate cuts, inflation pressures, declining US Treasury yields, and geopolitical risks has collectively driven gold prices to recent highs, with silver also reaching record levels [5]