TMGM：黄金维持偏弱震荡，突破区间释放看涨信号！

Core Viewpoint - Gold prices are experiencing weak fluctuations, maintaining levels near the highest point since October 21, driven by reduced demand for traditional safe-haven assets due to overall optimism in global stock markets [1][2] Group 1: Market Dynamics - The market's adjustment of expectations regarding the Federal Reserve's monetary policy continues to support gold prices, with the dollar index dropping to a two-month low, enhancing gold's appeal as a non-yielding asset [1] - Geopolitical uncertainties in certain regions are limiting the downside for gold, bolstering bullish sentiment [1] - The recent Federal Reserve monetary policy decision is a core driver of gold's price movements, with a 25 basis point rate cut expected in December and a forecast indicating only one more rate cut by 2026 [1] Group 2: Technical Analysis - Gold has confirmed a breakout from a two-week trading range, with resistance levels identified between $4245 and $4250, indicating a clear bullish signal [2] - The daily oscillators are in a positive range and not yet overbought, suggesting further upward potential for gold prices [2] - Support levels have shifted, with the previous resistance area now acting as potential support between $4220 and $4218, and further support at $4200 and the $4170-$4165 range [4] Group 3: Price Levels - The immediate resistance level for gold is at $4300, with potential to advance towards the $4328-$4330 range upon breaking this level [4] - Sustained upward momentum could challenge the historical high of $4380 set in October, with a confirmation of an upward trend if gold remains above the $4400 mark [4]