汉声金业：黄金止跌反转，但估计金价短期高度受限

昨日欧美时段现货gold在低位4099.12dollar/盎司止跌回升，金价反弹最高至4512美元附近，收复日内大部分跌幅，最终报收4406.40dollar/Ounces, the decline narrowed to2.15%

today(Tuesday)国际金价开盘4412.83dollar/Ounces, highest4448.07dollar/盎司，早盘金价再度短线震荡下滑，最低至4305.98dollar/ounce! In the morning, the Shanghai Gold Exchange showed that958.62element/Ke, the Han Sheng Gold Investment Platform of the Hong Kong Gold Exchange is displayed on4340dollar/Running around ounces.

随着中东战争推高能源价格并削弱降息预期，本周国际现货黄金累计跌幅接近7%, for2020year3月以来最大跌幅。冲突引发的crude oil和天然气价格飙升加剧了通胀担忧，并降低各国央行降息预期，这对黄金构成利空。

The world's largest goldETF--SPDR Gold TrustPosition decrease compared to the previous day4.286Tons, current position is1052.705吨。全球最大白银ETF--iShares Silver TrustIncrease in position compared to the previous day264.76Tons, current position is15513.67Tons.

据分析称，近日黄金接连下跌并非避险失效，而是定价逻辑由风险驱动转向利率驱动。在地缘冲突持续升级的背景下显得反常，黄金与地缘风险出现阶段性背离。但短期承压不改长期逻辑，黄金仍取决于利率与信用的再平衡。从中长期看，央行购金、储备多元化以及地缘不确定性，仍构成支撑。

昨日金价跳水下跌最低触及200日均线后反弹回升，显示金价在4100美元关口附近获得短线买盘，同时金价在4500附近仍然存在一定阻力压制。

Short term intraday trading advice:

Let's first look at the gold price4270-4450区间震荡运行，如突破该区间时，上行目标看4480-4500, or4550Nearby; The downward target is4250-4230, or4200Near.

Attached is the gold trend chart:

Article source: Hansheng Gold Investment Platform official website Hansheng Gold IndustryAPPReproduced from a clear source.

Kind reminder: The gold market fluctuates greatly, and there are risks involved in investment. Please make cautious decisions within your own risk tolerance range.