First: Core Driver Analysis

The Federal Reserve cut interest rates by 25 basis points to the 4.00%-4.25% range on September 18, as expected by the market. This cut lowers the cost of holding gold, increasing its value as an asset that earns no interest.

The Federal Reserve expects another 50 basis points cut in 2025 and plans to maintain a loose policy in the coming years. This low-interest environment is good for gold in the long term. Fed Chair Powell stated that the policy focus is shifting from inflation to jobs, strengthening expectations for easing.

At the same time, Powell emphasized that the rate cut is a risk management decision and does not require quick changes. This careful statement may limit gold price gains in the short term. With both positive and negative factors at play, the demand for gold as a safe asset remains strong.

Second: Gold Technical Layout Strategy

Gold price is continuing its sideways oscillation, currently around 3743.50. On the 4-hour chart, the two moving averages are still in a bullish arrangement, suggesting a higher chance of long-term upside.

Operation suggestions:

Buy near the 3719.00 support level if it pulls back

Stop-loss: Below 3680.00

Take-profit: Near 3785.00

Thirdly: Silver Technical Layout Strategy

Silver rebounded strongly after finding support at 44.460, reaching a high of 45.219, and is now around 44.720. On the 1-hour chart, the two moving averages are in a bullish arrangement, keeping short-term upward momentum strong.

Operation suggestions:

Buy near the 44.310 support level if it pulls back

Stop-loss: Below 43.810

Take-profit: Near 45.180

Risk Warning: Trading markets have unpredictable risks, including but not limited to loss of principal. This analysis is for reference only and does not constitute direct investment advice. Investors should make their own decisions based on their personal risk tolerance.