伦敦金偏强临方向抉择 美重磅数据或定破局

Core Insights - The gold market is currently experiencing slight adjustments while maintaining high levels, with international gold prices showing a minor retreat and domestic prices fluctuating within a narrow range, indicating increased divergence between bulls and bears [1][1] - The fundamental support for gold prices is bolstered by the dual benefits of the Federal Reserve's "rate cuts + balance sheet expansion," establishing a solid foundation for long-term price strength despite short-term technical overbought conditions and profit-taking pressures [1][1] - The European Union has imposed sanctions on 41 vessels of Russia's "shadow fleet," while the UK has added 24 more entities to its sanctions list, intensifying economic pressure on Russia [1] - The U.S. core CPI for November recorded a year-on-year rate of 2.6%, the lowest since March 2021, indicating a further easing of inflationary pressures, with Federal Reserve officials expressing cautious optimism regarding the data but maintaining a conservative stance on "preemptive rate cuts" [1][1] Market Dynamics - Investors are advised to focus on the upcoming U.S. GDP and PCE data to gauge potential impacts on market expectations regarding Federal Reserve policies, which may provide new driving factors for short-term gold price fluctuations [2] - The current London gold market remains in a high-level consolidation phase, with an overall strong pattern suggesting a preference for a bullish approach; however, increased uncertainty necessitates caution [3] - Following several days of high-level consolidation, gold may be approaching a new directional choice, with potential for a breakout from the existing oscillation pattern, although there are short-term downward risks following a recent peak [3]