黄力晨:黄金短线获利抛压 展开高位震荡调整

Core Viewpoint - The overall market fundamentals are favorable for gold prices, supported by expectations of Federal Reserve rate cuts, geopolitical tensions, and strong central bank buying, indicating potential for gold to rise again [1][2][6]. Market Analysis - Gold experienced a significant drop initially but quickly stabilized and rebounded due to favorable market conditions, particularly driven by geopolitical tensions following the arrest of Venezuela's president, which heightened market risk aversion [2][6]. - As the situation in Venezuela becomes more digested by the market and with the upcoming U.S. non-farm payroll data, some investors opted to take profits, increasing short-term selling pressure and causing gold's upward momentum to stall [2][3][6]. Technical Indicators - Key support levels for gold are identified at $4415 and $4400, while resistance levels are noted at $4455 and $4475 [3][7]. - The daily chart indicates that after a strong rise at the beginning of the week, gold's upward trend is currently facing resistance, leading to a high-level consolidation [2][6]. - Technical indicators show mixed signals: a slight golden cross in the 5-day moving average, a minor death cross in the MACD, and a downward turn in the KDJ indicator, suggesting a need for adjustment after the recent rebound [2][6].