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#美联储启动新一轮降息周期 Asian Market Gold Trend Observation: From Fundamentals to Technical Opportunities💙
$BTC $BNB $XRP
【Macroeconomic Background】
The Federal Reserve's December rate cut has been officially implemented. Although there are disagreements among hawkish members, Powell's statements did not signal a strong continuation of tightening. This indicates that the market’s expectation of liquidity easing remains justified— the US dollar index is under pressure, and US Treasury yields are falling, supporting gold.
At the same time, the global central bank gold buying trend shows no signs of stopping. Countries like China and Poland continue to increase their gold reserves, and Russia has even announced a ban on gold bar exports, further tightening supply. Geopolitical risks persist, and the theme of "de-dollarization" remains long-term. The dual demand for gold as a safe haven and reserve asset stays high.
【Technical Perspective】
Looking at the 1-hour chart of spot gold, the price has successfully broken through the previous consolidation range. Moving averages are aligned in a bullish pattern, MACD has issued a bullish crossover with increased volume, and the Bollinger Bands are opening upward with the price stabilizing above the upper band. The short-term upward trend is confirmed.
【Trading Strategy】
The pullback area after the breakout (around 4220-4210) is an ideal entry zone for long positions. The target is set around 4230-4240.
Markets can change rapidly, so key levels must be closely monitored to seize every opportunity.