Group 1 - The core viewpoint is that the recent US CPI data indicates a significant cooling of inflation, which strengthens market expectations for a Federal Reserve interest rate cut, providing support for gold prices [1][2] - The market sentiment is expected to remain subdued as it approaches the Christmas holiday, with trading activity likely to continue at a low level [2][4] - Technical analysis shows that gold is in a high-level adjustment phase, with support levels at $4320 and $4300, and resistance levels at $4356 and $4374 [1][4] Group 2 - Following the anticipated 25 basis point rate cut by the Federal Reserve, there are speculations about two additional rate cuts in 2026 due to significant downward risks in the labor market [2] - The recent non-farm payroll data and CPI data further indicate a cooling labor market and inflation, reinforcing expectations for future rate cuts [2] - The daily chart indicates that gold has maintained an upward trend since stabilizing in November, approaching historical highs, with short-term technical indicators showing a slight bullish advantage for gold [4]
黄力晨：市场加强降息预期 继续支撑黄金价格
Sou Hu Cai Jing·2025-12-22 01:02