基本面： 地缘政治紧张无疑是本轮金价暴涨的核心驱动力，特别是美国与伊朗之间的剑拔弩张，让市场充斥着战争阴霾。担忧美国打击伊朗的传闻不断发酵，推动避 险买盘持续涌入。伊拉克外交部长侯赛因基于与伊朗官员的沟通表示，伊朗对通过对话解决分歧并不排斥，并强调伊朗不会主动发起任何军事攻击。侯赛因 周三指出，伊朗愿意在无先决条件的基础上就相关问题展开谈判，但美国方面迄今尚未就对话作出积极回应。他表示，伊朗与美国之间缺乏直接沟通机制， 是当前危机持续加深的主要原因之一。尽管双方可能通过间接渠道交换信息，但若缺乏面对面会谈，分歧恐将进一步扩大。 周四（1月29日）亚盘时段，现货黄金大幅延续多头空间并创下5598.07美元/盎司新历史纪录，目前暂交投于5527美元附近强势盘整。在美伊冲突升级的背 景下，投资者涌入黄金市场避险，推动金价连续八个交易日上涨，涨幅惊人。美联储维持利率不变的决议虽带来短暂震荡，但未能阻挡避险买盘的汹涌势 头。黄金价格的这一轮暴涨可谓势不可挡。现货黄金周三大幅上涨4.5%，收报每盎司5414.87美元，盘中一度触及5418.67美元的历史高点，而周四亚市早盘 更是延续涨势，截止08:00，最高冲至5596 ...

Fundamental Analysis - Gold prices experienced volatility, testing support levels around $4804, following a record high of $4888.17 per ounce, driven by geopolitical tensions related to Greenland and U.S. President Trump's policy shifts [1][3] - Trump's initial threats regarding tariffs on NATO allies to secure Greenland's resources heightened market fears of a new global trade war, prompting investors to flock to gold as a safe haven [3] - The subsequent retraction of Trump's tariff threats at the World Economic Forum calmed market fears, leading to a rebound in stock indices, while gold prices saw a temporary decline to $4756 before closing at $4831, reflecting a 1.4% increase [4] - The U.S. Supreme Court's questioning of Trump's attempts to dismiss a Federal Reserve official has raised concerns about monetary policy uncertainty, which historically supports gold prices [4][5] - Despite short-term corrections, the long-term outlook for gold remains positive due to inflation expectations, geopolitical conflicts, and potential resource competition in the Arctic [5] Technical Analysis - Daily charts indicate a volatile trading session with gold reaching a high of $4888, followed by a significant pullback, suggesting potential profit-taking risks for bulls, yet the overall trend remains bullish [8] - Short-term price movements have shown a strong upward trajectory since $4300, with recent challenges around the $4880 level indicating a need for caution among traders [8] Trading Strategy - Long positions are recommended above $4750 with a stop loss at $4740 and targets set at $4790 and $4830 [9] - Short positions are suggested below $4830 with a stop loss at $4840 and targets at $4800 and $4765 [9]

Fundamental Analysis - Gold prices have surged, breaking the historical $4600 per ounce mark, driven by geopolitical uncertainties and Federal Reserve policy fluctuations [1][3] - The price of gold has increased over 64% in the past year, marking its best annual performance since 1979, attributed to a low interest rate environment and heightened demand for safe-haven assets [3] - The criminal investigation into Federal Reserve Chairman Jerome Powell has intensified concerns about the Fed's independence, contributing to the decline of the US dollar index by 0.23% to 98.90 [3][4] - Ongoing geopolitical tensions, including the US response to protests in Iran and actions against Venezuela, have created a highly unstable global environment, further driving investment into gold [4] - The Federal Reserve's anticipated policy path, with expectations of two rate cuts later in the year, is expected to support gold demand [5] Technical Analysis - Gold prices reached a new high of $4630, indicating strong bullish momentum, although short-term market volatility may increase [6] - Traders are advised to monitor support levels around $4520 and $4500, with resistance near $4600 and $4630 [7] - Suggested trading strategies include light long positions near $4520 with a stop loss at $4510 and targets around $4550/$4590, as well as short positions near $4595 with a stop loss at $4603 and targets around $4560/$4530 [7]