<p>在周初，由于美国与伊朗局势的挫折，贵金属在隔夜交易中下跌。交易者对双方今天在巴基斯坦进行会谈仍抱有一些乐观的希望。然而，这一希望已经破灭，目前仍没有华盛顿和德黑兰官员会面的确切时间表或议程。</p>
<p>这导致黄金价格从接近 4780 美元跌至 4668 美元的低点，随后在今天亚洲交易中略有反弹，目前接近 4765 美元。</p>
<p>尽管这并没有消除本周迄今为止的下跌，但至少贵金属显示出一些生机，交易者继续对美伊会谈保持谨慎乐观。这也反映在更广泛的风险情绪中，欧洲指数小幅上涨，标准普尔 500 期货当天上涨 0.6%。</p>
<p>目前尚未安排与伊朗的会谈，伊朗仍然坚决表示只要美国海军封锁持续，他们就不会坐到谈判桌上。这种强硬立场与他们以往对冲突的处理方式一致。然而，这并不意味着他们在适当情况下不会愿意继续进行进一步谈判。</p>
<p>在过去两周，黄金价格非常不稳定，价格波动在 100 日移动平均线（红线）及 4800 美元水平附近。本周情况依然如此，昨天的低点与关键技术水平附近的买入者相吻合。</p>
<p>那么，接下来会怎样？</p>
<p>一切仍然取决于头条风险。关键问题是我们何时能看到美国和伊朗再次坐下来进行下一轮会谈。尽管伊朗可能会继续在此事上表现强硬，但美国副总统范斯的旅行计划将是一个重要的信号。他原本应该在昨晚或今天稍晚前往巴基斯坦，但有报道称这些计划已被搁置。因为美国目前正努力让伊朗参与会谈。</p>
<p>因此，如果我们看到范斯的行动报告，那将表明双方已就某些事项达成一致，以便重新开始讨论。至于达成协议的前景，仍然悬而未决。</p>
<p>因此，黄金价格的命运将与这一切的发展紧密相连。当双方再次会面时，市场可能会对此感到乐观，并希望提前为达成协议定价。因此，这可能会帮助黄金在谈判后出现潜在的回调之前，先出现上涨。</p>
<p>在日线图上，突破最近的 4785-70 美元的高点将是恢复 5000 美元水平的良好第一步。但同样，任何涨幅都将受到头条风险的影响，因为冲突仍在持续，霍尔木兹海峡仍然关闭。</p>

阿尼科伊格尔矿业

GOLD

纽蒙特矿业

<p>黄金价格因美伊谈判受挫而跌至 4,668 美元的低点，但随后反弹至约 4,765 美元。尽管没有计划中的谈判，交易员们仍然保持谨慎乐观，因为伊朗坚持强硬立场。市场情绪反映出欧洲股指和标准普尔 500 期货的轻微上涨。未来黄金价格的走势将取决于美伊关系的发展，特别是任何恢复谈判的迹象，关键阻力位在 4,858-70 美元，可能会向 5,000 美元恢复</p>

<p>The precious metal fell in overnight trading amid a setback to US-Iran developments to start the week. Traders were holding out some optimism with hope for both sides to sit down for talks in Pakistan today. However, that has fallen apart and there is still no firm timeline or agenda of when we will see Washington and Tehran officials meet.</p>
<div class="lb-trans"><p>在周初，由于美国与伊朗局势的挫折，贵金属在隔夜交易中下跌。交易者对双方今天在巴基斯坦进行会谈仍抱有一些乐观的希望。然而，这一希望已经破灭，目前仍没有华盛顿和德黑兰官员会面的确切时间表或议程。</p>
</div><p>That saw gold drop from near $4,780 to a low of $4,668 before catching a modest bounce since Asia trading today to hold closer to $4,765 currently.</p>
<div class="lb-trans"><p>这导致黄金价格从接近 4780 美元跌至 4668 美元的低点，随后在今天亚洲交易中略有反弹，目前接近 4765 美元。</p>
</div><p>While it still doesn't take away from the drop this week so far, the precious metal is at least showing some signs of life as traders continue to hang on to cautious optimism on US-Iran talks. That is also reflected in the broader risk mood, with European indices holding slight gains and S&amp;P 500 futures seen up 0.6% on the day.</p>
<div class="lb-trans"><p>尽管这并没有消除本周迄今为止的下跌，但至少贵金属显示出一些生机，交易者继续对美伊会谈保持谨慎乐观。这也反映在更广泛的风险情绪中，欧洲指数小幅上涨，标准普尔 500 期货当天上涨 0.6%。</p>
</div><p>No talks are scheduled just yet with Iran remaining defiant that they will not come to the negotiating table so long as the US naval blockade holds. The hard line stance is consistent with their previous approaches to the conflict. However, it doesn't mean that they will not be open to proceed with further negotiations under the right circumstances.</p>
<div class="lb-trans"><p>目前尚未安排与伊朗的会谈，伊朗仍然坚决表示只要美国海军封锁持续，他们就不会坐到谈判桌上。这种强硬立场与他们以往对冲突的处理方式一致。然而，这并不意味着他们在适当情况下不会愿意继续进行进一步谈判。</p>
</div><p>In the past two weeks, gold prices are very much left in limbo as price action is trading in and around the 100-day moving average (red line) as well as the $4,800 level. That remains the case this week as well with the lows yesterday coinciding with dip buyers stepping in near the key technical level.</p>
<div class="lb-trans"><p>在过去两周，黄金价格非常不稳定，价格波动在 100 日移动平均线（红线）及 4800 美元水平附近。本周情况依然如此，昨天的低点与关键技术水平附近的买入者相吻合。</p>
</div><p>So, what's next?</p>
<div class="lb-trans"><p>那么，接下来会怎样？</p>
</div><p>It's still all on headline risks. The key question is when will see the US and Iran sit down again for the next round of talks. And while Iran might continue to grandstand on the matter, the big tell will be US vice president Vance's travel plans. He was supposed to go down to Pakistan last night or perhaps later today but reports are indicating that such plans have been put on hold. That as the US is struggling to get Iran to participate in talks for now.</p>
<div class="lb-trans"><p>一切仍然取决于头条风险。关键问题是我们何时能看到美国和伊朗再次坐下来进行下一轮会谈。尽管伊朗可能会继续在此事上表现强硬，但美国副总统范斯的旅行计划将是一个重要的信号。他原本应该在昨晚或今天稍晚前往巴基斯坦，但有报道称这些计划已被搁置。因为美国目前正努力让伊朗参与会谈。</p>
</div><p>So if and when we do see reports of movement from Vance, that should be the tell that both sides have agreed on something to work with in order to begin discussions again. As for the prospects of a deal, it very much remains up in the air.</p>
<div class="lb-trans"><p>因此，如果我们看到范斯的行动报告，那将表明双方已就某些事项达成一致，以便重新开始讨论。至于达成协议的前景，仍然悬而未决。</p>
</div><p>And as such, the fate of gold prices is going to be tied to how all of this plays out. There will be some optimism when both sides meet again, with markets likely to want to price in a deal beforehand. So, that could help gold catch a pop higher before a potential setback if negotiations turn awry afterwards.</p>
<div class="lb-trans"><p>因此，黄金价格的命运将与这一切的发展紧密相连。当双方再次会面时，市场可能会对此感到乐观，并希望提前为达成协议定价。因此，这可能会帮助黄金在谈判后出现潜在的回调之前，先出现上涨。</p>
</div><p>Clearing the recent swing highs around $4,858-70 on the daily chart will be a good first step to recover back the $5,000 mark potentially. But again, any gains will be subject to headline risks as the conflict continues to drag on for longer with the Strait of Hormuz still closed.</p>
<div class="lb-trans"><p>在日线图上，突破最近的 4785-70 美元的高点将是恢复 5000 美元水平的良好第一步。但同样，任何涨幅都将受到头条风险的影响，因为冲突仍在持续，霍尔木兹海峡仍然关闭。</p>
</div>

由于谨慎的乐观情绪持续存在，黄金从隔夜低点反弹