Golden Afternoon Thoughts

In the early morning, the Federal Reserve finalized its last rate cut of 2025, with a 25 basis point drop as expected! At the same time, it officially announced monthly bond purchases of $40 billion, which is merely a measure to alleviate short-term financing pressure. The Federal Reserve uses this tactic to reassure the market, emphasizing that the economy is resilient, not a massive stimulus, so don't think too much about it. Currently, the long-term rate cut cycle remains unchanged, but concerns over trade conflicts and employment inflation make the Federal Reserve's stance cautious. After the rate cut, gold did not stir up waves, but continued its back-and-forth fluctuating trend.

From the hourly cycle analysis, although gold broke through 4220 and reached $4250, the previous high resistance level was not effectively breached; during the pullback, it is necessary to rely on the previous low to build key support. The $4220 level is not a turning point between highs and lows, and under the fluctuating pattern, it is essential to anchor the bottom support layout.

Today, after gold surged to $4250, it quickly fell back, confirming strong selling pressure above. In the afternoon, if the market falls and first touches $4190-$4195, one can consider going long, and if it rebounds to $4230-$4235, one can consider going short #黄金 #美联储降息 #黄金下跌 .