[Evening Market Summary]

Spot gold prices hit another historic high during the Asian session, reaching a peak of $3,694.18 per ounce and dipping to a low of $3,674.64 per ounce. It is currently trading around $3,687.00 per ounce, maintaining a strong upward trend.

[Key Factors Analysis]

1. Policy Expectations Continue to Strengthen:

Growing market expectations for a shift in the Federal Reserve’s monetary policy continue to provide core support for gold prices.

2. Safe-Haven Demand Remains Robust:

Global trade uncertainties and geopolitical tensions are driving sustained safe-haven capital inflows into the gold market.

3. Technical Strength Persists:

Prices have consecutively reached new all-time highs across all timeframes, reflecting a bullish market sentiment.

[Evening Trading Strategy Guide]

Gold (XAU/USD):

- Trading Range: $3,674.00 - $3,694.00

- Strategy: Consider buying near support and selling near resistance within the range, with light positions.

Breakout Strategies:

- If it falls below $3,674.00, it may test support levels at $3,664.00 and $3,654.00. Consider short positions with a stop-loss set at $3,679.00.

- If it breaks above $3,694.00, it may test resistance levels at $3,704.00 and $3,714.00. Consider long positions with a stop-loss set at $3,689.00.

Silver (XAG/USD):

- Trading Range: $42.330 - $42.780

- Strategy: Consider buying near support and selling near resistance within the range.

Breakout Strategies:

- If it falls below $42.330, it may target $41.800 and $41.400. Consider short positions with a stop-loss set at $42.530.

- If it breaks above $42.780, it may target $43.400 and $43.800. Consider long positions with a stop-loss set at $42.580.

Risk Warning: Trading involves unpredictable risks, including potential loss of principal. This analysis is for reference only and does not constitute direct investment advice. Investors should make independent judgments and decisions based on their risk tolerance.