Core Viewpoint - Gold prices are experiencing fluctuations and a downward trend, currently trading around $4589.63 per ounce, as the market adjusts to rebuild bullish momentum after a strong rally, aiming for new historical highs [1] Group 1: Market Dynamics - The decline in gold prices is influenced by stronger-than-expected U.S. Producer Price Index (PPI) and retail sales data, along with a decrease in unemployment rates, reinforcing the Federal Reserve's rationale to maintain interest rates in the coming months [1] - Safe-haven demand for gold is weakening, partly due to easing geopolitical concerns, as U.S. President Donald Trump indicated a reduction in reported killings related to Iran and no plans for large-scale executions, although he did not rule out potential military actions [1] Group 2: Technical Analysis - The gold market is currently in an emerging ascending wedge pattern, signaling a potential weakening of upward momentum, with warnings of a bearish reversal if prices fall below the lower trendline on strong volume [2] - Gold prices are maintaining above the nine-day Exponential Moving Average (EMA), supporting a short-term upward trend, while the 50-day EMA is also turning upward, indicating a broader bullish outlook [2] - Immediate resistance is noted at $4643, the historical high, followed by the upper boundary of the ascending wedge near $4660, with a breakthrough potentially leading to a rise towards $4700 [2]
金价处于技术性调整阶段 等待上涨趋势回归
Jin Tou Wang·2026-01-15 06:07