张尧浠：黄金多头迅猛仍无放缓迹象、牛市目标上移7500美元

Core Viewpoint - International gold prices have surged significantly, reaching a historical high with a daily increase of over $230, indicating a strong bullish outlook for the market, with targets set at $7,500 or even $10,000 for the year [1][6]. Price Movement - Gold opened at $5,181.09 per ounce, hitting a low of $5,156.87 before rebounding, trading within the $5,240 to $5,300 range during most of the European and American sessions, and closing at $5,416.67 after peaking at $5,418.68, marking a daily fluctuation of $261.81 and a gain of $235.58, or 4.55% [3][10]. Market Influences - The initial buying momentum in the Asian session was followed by a cautious approach in the European and American sessions due to expectations surrounding the Federal Reserve's interest rate decision. Despite no immediate changes in rates, gold prices rose, driven by ongoing economic and geopolitical uncertainties, suggesting a self-sustaining buying phase for precious metals [3][5]. Future Outlook - Gold opened at $5,421.64 and briefly rose to $5,595.97, supported by buying interest and geopolitical tensions, particularly regarding potential U.S. actions against Iran and the ongoing Russia-Ukraine situation. Any pullbacks are viewed as buying opportunities [1][6]. Economic Data to Watch - Upcoming economic indicators include U.S. initial jobless claims, trade balance, factory orders, and wholesale sales, with a generally positive market expectation. The prevailing sentiment remains bullish on gold [5]. Long-term Perspective - The current bull market for gold is attributed to multiple favorable factors, including geopolitical risks, economic policy uncertainties, and institutional optimism. The long-term view suggests that gold's value has been historically underestimated, and its price is expected to rise significantly, potentially reaching $10,000 by 2029 [5][6]. Technical Analysis - Monthly and weekly charts indicate a strong upward trend for gold, having broken through resistance levels. Although there may be a need for adjustments due to overbought conditions, the overall trend remains bullish, with expectations for new highs [8][10].