Core Viewpoint - Gold prices experienced a pullback from an eight-day high of approximately $3,390, influenced by concerns over the Federal Reserve's appointments and potential easing measures [1][2]. Group 1: Market Dynamics - The dollar entered a downward consolidation phase due to worries surrounding the Federal Reserve's appointments and further easing [2][5]. - On Tuesday, gold prices closed above the critical resistance level of $3,380, with a bullish crossover indicated on the daily relative strength index [2][3]. - President Trump announced he would soon decide on a short-term replacement for Federal Reserve Governor Adriana Kugler, who resigned, and mentioned four candidates to replace current Fed Chair Jerome Powell [3]. Group 2: Economic Indicators - The ISM reported that the services PMI for July fell to 50.1, down from 50.8 in June and below market expectations of 51.5 [4]. Group 3: Technical Analysis - The short-term technical outlook for gold remains optimistic, with the 14-day RSI holding above the midline, currently close to 55, suggesting any downward movement may be temporary [10]. - A bullish crossover was confirmed as the 21-day moving average surpassed the 50-day simple moving average at Tuesday's close [10]. - Immediate resistance is at the $3,400 level, with the next bullish target set at the static resistance of $3,440, followed by the June 16 high of $3,453 [10].

Core Viewpoint - The Governor of the Bank of England, Andrew Bailey, emphasizes the importance of monitoring market reactions to trade news [1] Group 1 - The Bank of England is closely observing how market participants respond to trade-related developments [1] - Bailey indicates that understanding market sentiment is crucial for effective monetary policy [1] - The central bank's decisions may be influenced by the implications of trade news on economic stability [1]

受有关贸易消息影响，纳指期货早盘涨幅扩大至1%。 ...