主次节奏：12.14黄金 - 每周走势梳理

Core Viewpoint - The article discusses the ongoing bullish trend in gold prices, driven by a combination of technical, fundamental, and wave analysis, with expectations for further price increases in the coming months [3][4][6]. Technical Analysis - The monthly chart indicates a strong upward trend, with a significant breakout from a long-term consolidation phase between 2020 and 2023 [3]. - The current phase is identified as the third wave of a larger cycle, with expectations for a fourth wave correction followed by a fifth wave increase [3]. - The price is projected to test levels above 3400 in August, with a potential breakout above 3500, although failure to do so may lead to a rapid correction [3]. Fundamental Analysis - The bullish trend is supported by worsening global geopolitical and economic conditions, prompting significant gold purchases by central banks as a safe-haven asset [3]. - The overall market sentiment remains positive, with expectations for continued upward movement in gold prices [4]. Market Sentiment - The September monthly chart showed a large bullish candle, indicating strong upward momentum, with expectations to test the 4000 level [4]. - Despite the strong upward trend, there are indications of potential short-term corrections due to the distance between current prices and moving averages [4]. Short-term Outlook - The weekly chart reflects a clear upward trend, with recent price action suggesting a potential breakout after a period of consolidation [6]. - The daily chart indicates a phase of adjustment, with a current focus on the support level around 3850, while maintaining an overall bullish outlook [8]. Conclusion - The analysis suggests that gold prices are likely to continue their upward trajectory, with periodic corrections expected as part of the market dynamics [10].