Market Overview - Gold prices are currently under pressure due to hawkish expectations following the nomination of Fed's Waller, leading to delayed rate cut expectations, a stronger dollar, and rising U.S. Treasury yields [1][4] - The increase in margin requirements by exchanges has triggered leveraged liquidations and profit-taking, while geopolitical premiums have receded [1][4] - Despite the bearish sentiment, global central banks continue to purchase gold, and UBS has raised its target price for gold to $6200, indicating that the long-term outlook remains unchanged [1][4] Technical Analysis - On the daily chart, gold prices have experienced a sharp decline, with strong bearish momentum. The RSI indicator is in an overbought pullback state, and the MACD shows a death cross with red and green bars transitioning, indicating a topping pattern [2][5] - The 4-hour chart shows rapid price drops, with prices near the lower Bollinger Band. The Bollinger Bands are widening, and the MACD is showing increasing bearish momentum with green bars expanding [2][5] - The 1-hour chart indicates a continued decline in gold prices, with the Bollinger Bands opening downwards and the MACD in a death cross. The RSI is also in a weak state, suggesting a risk of further price drops [2][5] Trading Strategy - For bullish positions, aggressive traders should consider entering near the support level of $4400 per ounce, stabilizing before entering at $4425-$4435. Conservative traders may look to enter at $4250, with a second entry at $4265-$4275 [3][7] - For bearish positions, aggressive traders should look to sell near the resistance level of $5000 per ounce, with a secondary entry at $4995-$4985. Conservative traders may consider selling at $5600, with a secondary entry at $5585-$5575 [3][7]

Core Viewpoint - The recent speech by President Trump has led to a significant surge in gold prices, reaching historical highs, with a focus on the upcoming Federal Reserve interest rate decision as a key market event [1]. Group 1: Market Performance - Gold opened at 5012, briefly dipped to 5011, and then experienced a strong rally, reaching around 5100 before a slight pullback [1]. - During the U.S. trading session, influenced by the presidential speech, gold prices broke through historical highs, peaking at 5190 before settling at 5179, resulting in a daily candlestick with a long upper shadow [1]. Group 2: Short-term Strategy - The suggested short-term trading strategy for gold is to primarily focus on short positions during rebounds, while considering long positions on pullbacks [3]. - Key resistance levels to watch in the short term are between 5200 and 5250, while support levels are identified between 5100 and 5050 [3].

Market Overview - International gold is experiencing a volatile recovery, influenced by the Federal Reserve's pause on interest rate cuts in January and profit-taking activities [1] - Global central banks are expected to purchase over 1200 tons of gold by 2025, marking a record high for the same period, with China increasing its holdings for 13 consecutive months, providing long-term support [1] - The decline in U.S. inflation and a weak labor market have led to market expectations of three interest rate cuts by the Federal Reserve in 2026, supporting the medium to long-term outlook for gold [1] Technical Analysis - Daily level: The Bollinger Bands are narrowing, with MACD showing a golden cross above the zero line, but red bars are decreasing, and RSI is in an overbought pullback state, indicating a need to be cautious of a potential pullback in gold prices [1] - 4-hour level: The Bollinger Bands are also narrowing, with MACD showing a death cross, green bars decreasing, and RSI in an oversold rebound state, suggesting a need to be cautious of a potential short-term rebound in gold prices [1] - 1-hour level: The Bollinger Bands are narrowing, with MACD showing a golden cross below the zero line and RSI in an oversold rebound state, indicating a need to be cautious of a potential short-term rebound in gold prices [1] Trading Strategy - For bullish positions: Aggressive traders can rely on a support level of $4150 per ounce, entering long positions around $4165-$4175 after stabilization; conservative traders can rely on a support level of $4000 per ounce, entering long positions around $4025-$4035 [1] - For bearish positions: Aggressive traders can rely on a resistance level of $4400 per ounce, entering short positions around $4395-$4385 after facing resistance; conservative traders can rely on a resistance level of $4550 per ounce, entering short positions around $4545-$4535 [1]

Core Viewpoint - The market has entered a new volatility range following a significant drop last Friday, with a wide fluctuation pattern expected to continue until the Federal Reserve's minutes are released [1] Market Analysis - Gold prices fell below 4140, with previous support now acting as resistance, but the daily pivot point at 4030 has not been breached, indicating a potential for a rebound before further adjustments [1] - Key support levels are identified at 4070 for the first support and around 4050 for the second support, which is considered a strong pivot point [1] - Core resistance is noted between 4140 and 4145, indicating a critical area for market movement [1] Trading Strategy - The strategy suggests establishing long positions based on support levels, with a focus on monitoring the breakout of resistance levels [3] - No short positions should be taken unless the market approaches 4140; if a pullback occurs, the emphasis should remain on long positions [3] - For lower retracements, buying is recommended in the range of 4070-4060, with a stop loss of 10 points, targeting 4090-4110; conversely, if the price reaches 4140-4145, a short position is advised with a stop loss of 10 points, targeting 4120-4100 [3]

Group 1 - The current gold market lacks a clear trend reversal signal despite a significant bullish daily candle, as the volume release is not sustained [1][3] - Short-term and long-term moving averages are still in a divergence repair phase, indicating that the strong single candlestick has not fully reversed the previous consolidation pattern [1] - The market is influenced by fluctuating expectations regarding the Federal Reserve's interest rate cuts, contributing to increased uncertainty in gold prices [1] Group 2 - The recent geopolitical tensions have shown alternating phases of easing and localized stress, leading to a pulse-like inflow of safe-haven funds without stable buying support [1] - The resistance level is identified at 4050-4070, corresponding to the upper boundary of the previous consolidation platform and the upper Bollinger Band, while key support is at 3980-3960, aligning with the 10-day moving average [3] - Short-term strategies suggest focusing on buying on dips and selling on rebounds, with close monitoring of international dynamics and Federal Reserve policy signals to adjust stop-loss and take-profit levels accordingly [3]

Core Viewpoint - The recent fluctuations in gold prices indicate a typical "high-level digestion phase" rather than a simple collapse, with current prices around $3940, down approximately 10% from the historical high of $4381.29 reached last week [1]. Group 1: Market Trends - Gold prices experienced a decline of nearly 1.3% on Tuesday, with a low point of $3886, marking a three-week low [2]. - The market is currently facing a conflict between rising risk appetite leading to a withdrawal of safe-haven funds and long-term factors such as the Federal Reserve's impending interest rate cuts, cooling employment, and slowing economic momentum, which continue to support gold prices [1]. Group 2: Technical Analysis - The current downward trend in gold prices is not yet over, with a potential target for adjustment around $3800, which aligns with the lower boundary of the daily range [2]. - Key resistance levels to watch in the short term are at $3972 and $4004, with a focus on maintaining short positions below $3960 [4]. - The 10-week moving average at $3830 may provide strong support before the Federal Reserve's interest rate decision [2].

Group 1: Market Overview - The current spot gold price is experiencing a rebound after a recent decline, influenced by profit-taking and technical adjustments, but supported by expectations of Federal Reserve rate cuts, geopolitical risks, and uncertainties from the U.S. government shutdown [1] Group 2: Technical Analysis - The gold market showed a rebound after hitting a low of $4004 per ounce, with a peak at $4161 per ounce, indicating intense market competition [2] - The daily chart shows a narrowing Bollinger Band and a MACD crossover indicating a temporary halt in upward momentum, while the 4-hour chart suggests potential for a rebound despite a bearish crossover [2] - Key support levels are identified at $4005-$4000, while resistance levels are noted at $4180-$4175, with a breakout potentially leading to a return of bullish momentum [2] Group 3: Trading Recommendations - Suggested trading strategy includes attempting to short at $4145-$4150 and $4157-$4162, with protective measures at $4170 and target levels set at $4065-$4055 and $4030-$4020, while preparing to buy near $4007-$4013 [4]

Market Analysis - The gold price experienced fluctuations throughout the week, starting at $3884, rising to $4059, and closing at $4018, marking an 8-week consecutive bullish trend [1] - Technical indicators such as TRIX and MACD suggest a bullish outlook on the weekly chart, while daily indicators show mixed signals with a potential for a downward correction [1] Trading Recommendations - For the upcoming week, a trading strategy is suggested to sell gold around $4035-$4038 with a stop loss at $4043 and a target profit at $4000 [3] - The market is characterized by rapid changes, and real-time strategies are emphasized for trading decisions [3]

Core Viewpoint - The gold market has experienced a significant turning point, with a strong rally leading to a breakthrough of the 3350-3360 resistance zone, culminating in a single-day increase of 57 points to reach a high of 3378 [1]. Technical Analysis - The market is showing clear bullish signals, with the daily moving average system shifting to a positive trend. Previous resistance levels have transformed into strong support, and short-term moving average pressures have been decisively overcome, laying a solid foundation for a medium-term uptrend [1]. Trading Strategy - The current trading strategy focuses on identifying buying opportunities during pullbacks, particularly around the key support level of 3360, which is expected to act as a significant support area following its previous resistance status. The immediate target for bullish momentum is set at the psychological level of 3400 [1]. - Specific trading recommendations include entering long positions when gold prices retreat to the 3360-3355 range, with a target set at 3375-3385 and a strict stop-loss at 3348. If prices remain below 3360, traders are advised to wait for clearer trend confirmation signals before making further trading decisions [3].

Core Impact - Gold prices are trading around $3333 per ounce, supported by a weaker dollar and declining U.S. Treasury yields, which enhance the appeal of non-yielding assets like gold [1] - The U.S. July CPI data met expectations, reinforcing market speculation for a Fed rate cut in September and increasing bets on further easing policies this year [1] - If global economic uncertainty persists and the Fed maintains its rate cut pace, gold is expected to remain strong in the long term [1] Multi-Cycle Trend Analysis Daily Level - The daily chart indicates that gold has stopped its consecutive downtrend, with upward momentum gradually accumulating [2] - A key signal for short-term stabilization is a close above the 5-day moving average, with resistance at $3370-$3375; a breakthrough could lead to testing the $3400 level [2] - If unable to break through, gold is likely to continue its consolidation [2] 4-Hour Level - The 4-hour cycle shows signs of a rebound, but confirmation is needed by breaking the mid-band resistance [2] - The ideal scenario involves a bottoming out followed by a rise above the mid-band to open further rebound potential [2] Specific Trading Strategies and Recommendations Long Position Strategy - It is recommended to enter long positions when gold prices pull back to around $3320 per ounce, with a stop loss set at $3320 and a target range of $3340-$3350 [4] Short Position Strategy - It is advised to short when gold prices rebound to the $3360-$3370 range, with a stop loss at $3390 and a target range of $3350-$3340 [4]