张尧浠：关税推迟停摆有限、金价周尾调整回踩看涨机会 上交易日周三(10月1日)：国际黄金冲高回落收取倒垂见顶形态，暗示周尾存在一定的回落需求和风险，但鉴于目前基本面仍利好，技术走势仍维持上行 趋势，故此，如有回撤，下方关注5/10日均线支撑，也是可再度入场看涨。 具体走势上，金价自亚市开于3859.14美元/盎司，先行震荡走盘，于亚盘尾录得日内低点3853.29美元，随后连续强势反弹拉升，于欧盘初录得日内高点 3895.25美元，之后遇阻持续震荡回撤，延续美盘后半段盘整在日开盘价附近上方，最终收于3865.54美元，日振幅41.96美元，收涨6.4美元，涨幅0.16%。 周图，金价自去年开涨攀升以来，如期第4次回踩中轨线支撑，并再度展开持续向上攀升的多头行情，不断触及给出的看涨目标位，依托布林带上轨支撑 连续走强，当下虽冲出布林带之外，有阻力回撤风险，但根据前几周表现和指标信号来看，回撤力度也有限，整体走强趋势未有减弱迹象，关注上轨支 撑，操作将继续保持看涨上行不变。 影响上，日内受到美国联邦政府关门停摆的风险推动，而先行走强，但力度有限，因美国副总统万斯：不认为政府关门会持续很长时间；期间特朗普政府 优先保 ...

张尧浠：美政府陷入停摆、金价周内维持看涨前景 上交易日周二(9月30日)：国际黄金过山车式触底回升收阳，未能持稳减弱多头动力，收取倒垂反弹见顶形态，暗示后市将继续看涨上行为主，同时日内 走势回踩5日均线支撑附近后也随即通知多单进场，最终也是再度获利颇丰。 具体走势上，金价自亚市开于3833.12美元/盎司，先行走强，于亚盘尾时段录得日内高点3871.31美元，之后遇阻回落，持续走低，于欧盘17点时段录得日 内低点3792.99美元，就此止跌反弹，持续回升，延续到美盘收于3858.13美元，日振幅78.32美元，收涨25.01美元，涨幅0.65%。 影响上，因美国劳动力数据不及预期及政府关门风险加剧，美元指数延续下行，推动金价刷新历史高点，但因中国市场节前的获利了结以及美联储一大官 员继续"放鹰"，打压金价跳水走低，不过受到逢低买盘，以及美盘数据的整体利好，加上美国联邦政府的停摆风险，而再度回升并持稳收阳。 黄金：下方关注3845美元或3818美元附近支撑；上方关注3880美元或3900美元附近阻力； 白银：下方关注46.40美元或46.00美元支撑；上方关注47.40美元或47.65美元阻力； 注： 黄金TD ...

张尧浠：数据支撑美元转强、金价震荡调整仍待再走强 上交易日周四(9月25日)：国际黄金震荡收涨，维持在5日均线上方，虽然附图指标多头信号减弱，但主图走势仍倾向上行，故此，回撤调整触及各均线支 撑位置，也都是看涨入场机会。 具体走势上，金价自亚市开于3735.78美元/盎司，整体维持震荡走盘，于欧盘初录得日内高点3761.31美元，于美盘初录得日内低点3722.16美元，最终有 所止跌回升，收于3749.12美元，日振幅39.15美元，收涨13.34美元，涨幅0.36%。 影响上，美国周初请失业金人数以外下降和美国第二季度GDP被大幅上修等，推动美元指数继续强势反弹收涨，创近两周新高，一度打压金价走低，但受 到逢低买盘和避险买盘支撑而反弹回升，最终震荡收线。 展望今日周五(9月26日)：国际黄金开盘早盘有所走弱，但日内短周期来看，走盘依然还是偏向震荡波动为主，多头暂时一方面受到阻力位的压制，另一 方面，受到美元指数近日强势反弹，多头前景转强，对金价产生利空预期。所以金价在突破阻力3780美元上方收线前，或者是回踩10日及30日均线支撑之 前，暂先保持震荡走盘行情对待。 日内将可关注美国8月核心PCE物价指数年率 ...

张尧浠：金价短线获利了结调整、回踩支撑仍是多头机会 上交易日周三(9月24日)：国际黄金遇阻回落收跌，仍未能收线在阻力位上方，使得多头动力减弱，但也仍未跌破5-10日短期均线支撑，故此，操作上，回 踩5/10日均线支撑，仍是先行看涨为主。 具体走势上，金价自亚市开于3764.85美元/盎司，先行V型反弹，于欧盘开盘录得日内高点3779.02美元后，遇阻回撤，延续到美盘时段持续走低，于盘尾 触及日内低点3717.61美元，最后有所止跌回升，收于3735.87美元，日振幅61.41美元，收跌28.98美元，跌幅0.77%。 周图，金价自去年开涨攀升以来，如期第4次回踩中轨线支撑，并再度向上攀升，且不断触及给出的看涨目标位，目前多头在目标阻力位附近有所减弱， 短期面临一定调整行情，但整体的看涨趋势依然未有改变，故此，如有进一步调整，下方5-10周均线也是再度入场看涨机会，但如运行在阻力位附近或上 方收线，则下周可继续跟进看涨。 今日周四(9月25日)：国际黄金开盘受到昨日尾盘的止跌回升之力，以及5日均线支撑的买盘推动，而先行反弹走强，同时，美元指数早盘多头动力先行减 缓运行，也对其金价产生一定支撑； 但美元指数昨日 ...

Core Viewpoint - The Federal Reserve is expected to continue lowering interest rates this year and next, supporting a bullish outlook for gold prices despite short-term fluctuations [1][5]. Group 1: Market Dynamics - On September 17, gold prices opened at $3689.51 per ounce, initially declined to $3660 before rebounding, reaching a high of $3707 after the Fed's 25 basis point rate cut [3]. - Following the rate cut, gold prices dropped to a low of $3646.07 but closed at $3659.77, reflecting a daily decline of $29.74 or 0.81% [3][5]. - The market anticipates mixed outcomes from upcoming economic data, but overall, the sentiment leans towards supporting gold prices [5]. Group 2: Long-term Outlook - The current interest rate cut cycle is expected to lead to a total of three rate cuts (75 basis points) this year and one next year, which will likely drive gold prices higher [5]. - Factors such as global monetary policy easing, weakening of the US dollar credit system, persistent geopolitical risks, and institutional demand for gold are expected to sustain a bullish trend for gold [5][6]. - The target price for gold remains at $4200 or higher, indicating a strong bullish foundation for the commodity [5]. Group 3: Technical Analysis - The weekly chart shows gold prices have consistently bounced off the midline support and are expected to maintain an upward trend, supported by the upper Bollinger Band [6]. - The daily chart indicates that despite a recent pullback, the overall upward trend remains intact, with higher lows suggesting bullish momentum [8]. - Key support levels for gold are identified at $3650 and $3640, while resistance levels are at $3685 and $3706 [9].

张尧浠：大小非农预携手利好、金价回落有限仍持看涨 上交易日周四(9月4日)：国际黄金多头动力减弱，未能继续刷新高点，走势先跌后回升，收取长下影线垂线形态，有一定的反弹见顶预期，在走强收线至 3575美元上方前，偏震荡调整或回落走低，但由于看涨前景良好，如有回落，下方3500关口或3450美元支撑也都是再度看涨的机会。 具体走势上，金价自亚市开于3560.94美元/盎司，直接先行录得日内高点3563.88美元，随后受到周三目标阻力，延续其回落走势，到午间11点时段触及日 内低点3511.28美元，之后迅速反弹，并保持震荡回升走盘，延续美盘尾部时段，持稳于3540美元上方盘整，最终收于3545.57美元，日振幅52.6美元，收 跌15.37美元，跌幅0.43%。 影响上，美元指数企稳回升，黄金遭遇阻力及技术调整，以及美联储理事提名人米兰：不建议让总统控制美联储，减弱了独立性担忧，令金价在历史高位 遭遇获利了结，打压其回落走低； 但由于逢低买盘，以及小非农初请等数据的利好，再加上美司法部对美联储理事库克展开刑事调查，美联储"三把手"：随着时间的推移而降息是适宜的， 特朗普签署行政命令，正式实施美日贸易协定等等，推动 ...

Core Viewpoint - International gold prices have rebounded strongly due to rising risk aversion and expectations of interest rate cuts, reaching historical highs and maintaining bullish momentum, although caution is advised regarding potential pullbacks [1][3]. Price Movement Summary - Gold opened at $3475.85 per ounce, peaked at $3508 before retreating, then fluctuated to a low of $3470.17, and ultimately closed at $3533.15, marking a daily increase of $57.3 or 1.65% [3]. - The price is expected to face resistance around $3500, with potential support levels at $3450 or $3400 for re-entry opportunities [1][10]. Market Outlook - The market is anticipating U.S. economic data releases, including July JOLTs job openings and factory orders, which are expected to be bearish for gold prices [5]. - Trump's announcement regarding tariffs could impact gold prices significantly, with potential pullbacks if the appeals are rejected, while a favorable outcome could maintain bullish trends [6]. Technical Analysis - The weekly chart indicates that gold has successfully tested the midline support and is poised for further upward movement, with bullish prospects strengthened by the widening Bollinger Bands [8]. - The daily chart shows that gold has encountered resistance near $3535, and if it fails to close above this level, a period of consolidation or pullback may occur, although the overall bullish trend remains intact [10]. Support and Resistance Levels - Key support levels for gold are identified at $3500 and $3480, while resistance levels are at $3545 and $3575 [11].

张尧浠：基本面因素利好交织、金价看涨新高前景加强 上交易日周四(8月28日)：国际黄金如期触及给出的看涨支撑位以及5日均线支撑后，再度反弹走强收阳，随着美联储理事库克正式起诉特朗普，市场继续 评估美联储独立性面临的威胁，再加上美联储理事沃勒表示支持美联储9月会议降息25个基点，预计未来3—6个月将进一步降息。继续推动金价走强。 目前稳于60日等众多均线支撑上方，多头动力加大，短期则有望进一步触及3348美元附近阻力目标； 虽然，现在多头动力有所减弱，有维持震荡模式走回落的行情，但就算遇阻回落，鉴于低点在不断上移，所以，如回落走低，下方60日或100日均线支 撑，也是再度看涨入场的机会，仍将等待向上攀升刷新历史高点； 如有走低或维持震荡调整格局继续震荡，下方支撑关注之前数周震荡区间的底部支撑3270美元附近，以及30周均线支撑位置3220美元附近。也是入场看涨 的机会。 具体走势上，金价自亚市开于3398.17美元/盎司，先行走低于10点时段触及日内低点3384.45美元，之后走势转回升反弹，震荡上行，一直延续到美盘尾录 得日内高点3422.69美元，最终多头有所遇阻回撤，收于3416.65美元，日振幅38.2 ...

Core Viewpoint - The outlook for gold prices remains bullish, supported by concerns over the independence of the Federal Reserve and potential dovish monetary policy from the U.S. government [1][3]. Price Movements - On August 27, gold opened at $3,393.50 per ounce, dipped to a low of $3,373.48, and then rebounded to a high of $3,398.30, closing at $3,396.82, marking a daily increase of $3.32 or 0.098% [3]. - The price is expected to remain within a triangular consolidation pattern, with a bias towards upward breakout in the coming days [3]. Market Influences - Concerns regarding President Trump's attempts to dismiss a Federal Reserve board member have heightened market anxiety about the Fed's independence, which supports gold prices [3]. - The market anticipates a more dovish outlook for the Federal Reserve, which is likely to further benefit gold [3]. Technical Analysis - The gold price has been in a bullish trend since last year, with recent adjustments likely leading to another upward movement [7]. - Key support levels to watch are around $3,270 and $3,220, which may present buying opportunities [7]. - The daily chart indicates that gold remains above the midline and 60-day moving averages, with bullish momentum prevailing despite some indicators suggesting a potential pullback [9]. Support and Resistance Levels - For gold, support levels are identified at $3,382 and $3,361, while resistance levels are at $3,407 and $3,418 [10]. - Silver support levels are at $38.35 and $38.15, with resistance at $39.00 and $39.20 [10].

Core Viewpoint - The expectation for a significant interest rate cut in September has shifted to a reduction, leading to a short-term adjustment in gold prices, which are likely to remain within a consolidation range [1]. Market Performance - On August 14, gold opened at $3356.68 per ounce, reached a high of $3374.58, and then declined to a low of $3329.84, closing at $3335.26, with a daily fluctuation of $44.74 and a drop of $21.42, or 0.64% [3]. - The gold price is currently under pressure due to reduced favorable factors and a strengthening U.S. dollar index, which rebounded and recovered losses from earlier in the week [3]. Economic Indicators - Key economic data releases include July retail sales, industrial production, and initial consumer confidence index for August, which are generally expected to be favorable for gold prices [5]. - The U.S. July PPI increased by 0.9%, the largest monthly increase in three years, indicating potential inflationary pressures that could affect future interest rate decisions [5]. Federal Reserve Outlook - There is skepticism regarding the Federal Reserve's potential for a significant rate cut in September, with officials expressing that a large cut may not be appropriate given current economic conditions [5]. - The market's expectation for a substantial rate cut has diminished due to the higher-than-expected PPI and comments from Fed officials, leading to a decrease in rate cut bets [5]. Technical Analysis - Gold prices are expected to maintain a consolidation pattern until the September rate meeting, with a focus on the 100-day moving average as a support level [6]. - The weekly chart indicates a potential risk of a decline towards the 30-week moving average or around $3200, despite an overall upward trend [8]. - Daily analysis shows that gold has fallen below the 60-day moving average, with increased bearish momentum, while the focus remains on resistance levels around $3356 and $3373 [10].