Core Viewpoint - The recent Federal Reserve interest rate cut, supported by new board member Milan, is expected to put short-term pressure on the US dollar, benefiting gold prices. Technical indicators suggest potential upward movement in gold prices, with key support and resistance levels identified [1]. Technical Analysis - Daily Level: The price is above the 50-day EMA, with strong support at $3650 and key resistance at $3750. A breakthrough could lead to historical highs. The Bollinger Bands are narrowing, and the MACD shows a bullish crossover, while the RSI indicates an overbought condition [1]. - 4-Hour Level: The price is near the upper Bollinger Band, with a bullish MACD and an overbought RSI, indicating caution for potential price pullbacks [1]. - 1-Hour Level: The price is below the upper Bollinger Band, with a bullish MACD and an overbought RSI, suggesting a slowdown in upward momentum and caution for potential declines [1]. Future Trading Outlook - Long Positions: Aggressive traders may consider entering long positions near the $3600 support level, while conservative traders may wait for a bounce at $3500 [3]. - Short Positions: Aggressive traders may look to short near the $3750 resistance, while conservative traders may consider shorting at $3800 [3]. - Futures and Gold Trading Suggestions: - Shanghai Gold Futures: A potential long position may be considered near ¥840 per gram, with attention to macroeconomic data [3]. - RFT Gold: A long position may be viable near ¥825 per gram, with a focus on global economic data [3]. - Accumulated Gold: Long-term investment is encouraged, with buying opportunities near ¥830 per gram [3]. - Gold T+D: A long position may be considered near ¥825 per gram, with caution for resistance at ¥840 [3].