Group 1 - The core viewpoint indicates that gold prices are supported by a weakening US dollar, declining US Treasury yields, and expectations of Federal Reserve interest rate cuts, maintaining a strong position [1] - Technical analysis shows that on the daily chart, the Bollinger Bands are expanding, with gold prices near the upper band, and the MACD indicator is in a bullish crossover while the RSI is in an overbought state, suggesting a potential pullback [1] - On the 4-hour chart, the Bollinger Bands are narrowing, with gold prices below the upper band, and the MACD is showing a narrowing bullish crossover, while the RSI indicates a pullback from overbought conditions [1] Group 2 - For future trading strategies, aggressive traders can consider buying near the support level of $3350 per ounce, while conservative traders may wait for a more stable support at $3300 per ounce [3] - For short positions, aggressive traders can look to sell near the resistance level of $3700 per ounce, while conservative traders may consider selling at $3750 per ounce [3] - Specific recommendations for various gold trading instruments include buying opportunities in Shanghai gold futures if prices pull back to 830-831 CNY per gram, and similar strategies for other gold products based on their respective price levels [3]

Core Viewpoint - The British pound is experiencing a slight increase against the US dollar, supported by the Federal Reserve's interest rate outlook and a decline in US Treasury yields [1] Group 1: Economic Indicators - The GBP/USD exchange rate is reported at 1.3450, with a rise of 0.13% [1] - Initial jobless claims in the US increased more than expected, indicating a slowdown in the labor market [1] - The ADP National Employment Report showed that private sector job growth in the US for August was below expectations [1] Group 2: Market Expectations - Attention is focused on the upcoming non-farm payroll report, which will provide insights into the current state of the labor market [1] - The market anticipates an increase of 75,000 jobs in August, compared to an increase of 73,000 in July [1] - The unemployment rate is expected to rise from 4.2% in July to 4.3% in August [1] Group 3: Bond Market Impact - The two-year and ten-year US Treasury yields have reached their lowest levels since May 1, influenced by expectations of a rate cut by the Federal Reserve [1] - Concerns in the UK bond market have eased, providing further support for the British pound [1] - The UK labor market is facing challenges, with a significant drop in employment numbers reported, complicating the Bank of England's policy decisions [1] Group 4: Technical Analysis - Resistance levels for GBP/USD are identified at 1.3460-65 and 1.3495-00, while support levels are at 1.3400-05 and 1.3335-40 [2] - The trading range during the Asian session was noted between 1.3436-55 [2]

Core Viewpoint - The gold market experienced a slight upward trend, driven by a weaker US dollar and declining US Treasury yields, reinforcing expectations for a Federal Reserve rate cut in September [1] Group 1: Market Performance - On August 14, spot gold fluctuated upwards, opening at $3349 per ounce and reaching a low of $3342 before climbing to a high of $3370 during the trading session, ultimately closing at $3355.90, marking a 0.24% increase [1] - The daily chart indicates a triangular convergence pattern, with a main upward trend, while caution is advised for potential fluctuations [1] Group 2: Technical Indicators - The MACD indicator shows a bullish crossover, but lacks significant momentum, and there are no clear volume signals [1] - The RSI is positioned around 53, indicating a neutral zone, suggesting that the market is in a consolidation phase awaiting direction from fundamental data [1] Group 3: Trading Strategies - Bullish strategy suggests buying on dips at the 3340-3345 range with a stop loss of 8 points and a target of 3365-3375 [3] - Bearish strategy recommends selling on rebounds at the 3395-3390 range with a stop loss of 8 points and a target of 3383-3372 [3]

Core Viewpoint - Gold prices have risen to a one-month high, supported by a weaker dollar and declining U.S. Treasury yields, with investors closely monitoring trade negotiations ahead of the August 1 deadline [1] Group 1: Market Dynamics - The increase in gold prices is primarily driven by favorable technical factors and a general weakness in the dollar [1] - The potential for the U.S. and its trade partners to fail to reach an agreement may create uncertainty, prompting market participants to engage in hedging activities [1] Group 2: Analyst Insights - Kelvin Wong, a senior market analyst at OANDA, highlights that the combination of a weaker dollar and lower Treasury yields enhances the attractiveness of gold as an investment [1]