【UNforex财经事件】年终行情以消化为主 黄金多头结构仍占上风

Group 1 - Gold continues to attract safe-haven investments as the market assesses the future direction of the Federal Reserve's policies and geopolitical risks remain unresolved [1] - Spot gold prices have stabilized above the $4,350 mark, with an annual increase of nearly 65%, potentially marking one of the best annual performances since 1979 [1] - The market anticipates that the Federal Reserve may continue a loose monetary policy into 2026, which will lower holding costs and support non-yielding assets [1] Group 2 - Geopolitical factors, including tensions in the Middle East and unstable regional situations, are significant variables influencing gold prices [1] - The Chicago Mercantile Exchange (CME) has raised margin requirements for gold and silver futures, leading some short-term investors to take profits or adjust positions [1] - The upcoming release of U.S. initial jobless claims data is expected to show an increase to 220,000, which may reinforce the market's view of the Federal Reserve maintaining a loose policy stance [2] Group 3 - The technical outlook for gold remains robust, with prices above the 100-day EMA and the Bollinger Bands expanding, indicating that trend momentum has not been significantly damaged [2] - Key resistance is identified at the $4,520 level, with potential for prices to test historical highs of $4,550 or even $4,600 if volume supports the breakout [2] - The short-term critical support is between $4,305 and $4,300, with a risk of further decline to around $4,271 if this level is breached [2] Group 4 - Overall, gold maintains a strong high-level oscillation pattern as expectations for Federal Reserve rate cuts remain unchallenged and geopolitical uncertainties persist [3] - Despite potential short-term pullbacks due to margin adjustments and news, the long-term investment logic in safe-haven assets remains unchanged [3] - As the new year approaches, gold prices are likely to undergo structural consolidation within a high range to digest gains, with market focus shifting to macro policy paths and evolving risk events [3]