GD1! The surge in gold prices is not a sudden event, but the result of the superposition of multiple favorable factors. Rising expectations of interest rate cuts have become the core driver of gold's gains. In a recent speech, Federal Reserve Chairman Powell clearly pointed out that the U.S. labor market is still in a "sluggish state of low recruitment and low employment." This dovish remark directly led to a decline in the U.S. dollar index. The impact of geopolitical uncertainty and escalating international trade frictions has greatly increased the attractiveness of gold as a hedging tool. Idea: The opportunity to go long on …
GC1! QUICK PATHS TO WATCH • Bull path: Hold 4,210/4,202 into COMEX → acceptance > 4,236 → tag 4,261; momentum can extend toward 4,300. • Bear path: Pop-and-fail at 4,236 → loss of 4,210 → probe 4,202; if it gives, 4,171 becomes active.
GD1! The surge in gold prices is not a sudden event, but the result of the superposition of multiple favorable factors. Rising expectations of interest rate cuts have become the core driver of gold's gains. In a recent speech, Federal Reserve Chairman Powell clearly pointed out that the U.S. labor market is still in a "sluggish state of low recruitment and low employment." This dovish remark directly led to a decline in the U.S. dollar index. The impact of geopolitical uncertainty and escalating international trade frictions has greatly increased the attractiveness of gold as a hedging tool.
