黄力晨:通胀温和强化降息预期 黄金再度刷新历史新高

Core Viewpoint - The market's expectation for two interest rate cuts by the Federal Reserve this year, along with escalating geopolitical risks, has driven gold prices to new historical highs, with support levels identified at $4,550 and resistance levels at $4,600 and $4,630 [1][5]. Market Analysis - Gold prices have shown strong performance, with a new historical high reached on Wednesday after a previous high on Monday. The upward trend is supported by the Fed's rate cut expectations and geopolitical tensions [2][6]. - Recent U.S. economic data, including a disappointing non-farm payroll report showing only 50,000 new jobs and lower-than-expected CPI data, has reinforced the market's belief in two rate cuts by the Fed this year [2][7]. - Geopolitical risks, including ongoing conflicts and military actions involving the U.S., have heightened market anxiety, further supporting gold as a safe-haven asset [2][7]. Technical Indicators - The daily chart indicates that gold has maintained a strong upward trend, with key support levels at $4,600 and $4,570. Resistance is noted at around $4,640, with potential for further gains if this level is breached [3][7]. - Technical indicators such as the 5-day moving average, MACD, KDJ, and RSI are showing bullish signals, suggesting that gold may continue to rise in the short term [3][7].