<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1545873509-33e944ca7655/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1545873509-33e944ca7655/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw"/></p>
<p>照片由 Katie Harp 提供，來源於 Unsplash</p>
<p>黃金（XAUUSD）在近期高位附近保持堅挺，地緣政治緊張局勢、貿易爭端和政策不確定性持續推動避險需求。俄羅斯與烏克蘭之間和平談判的失敗加深了對長期衝突的擔憂，而美國的新關税威脅則重新點燃了貿易戰的恐懼。同時，市場仍在關注美聯儲的下一步行動，投資者在尋找鴿派指引的跡象。這些因素使黃金保持良好的支撐，並維持其看漲勢頭。</p>
<h3><strong>黃金在全球衝突、貿易風險和政策謹慎中保持堅挺</strong></h3>
<p>黃金在近期高位附近整固，全球風險保持看漲偏向。由於地緣政治緊張局勢加劇，該金屬得到了良好的支撐。俄羅斯與烏克蘭之間和平談判的失敗重新引發了對長期衝突的擔憂。俄羅斯對整個頓巴斯地區的要求和烏克蘭的明確拒絕加深了地緣政治的不穩定。這些發展推動了對避險資產的需求，使黃金成為焦點。</p>
<p>在北美，新的貿易緊張局勢引發了波動。美國總統特朗普威脅對加拿大商品徵收 100% 的關税，原因是有報道稱加拿大可能正在與中國尋求貿易協議。這種激進的言辭重新引發了對貿易戰的恐懼，儘管加拿大澄清其並無意與中國達成協議。同時，美國與北約在格林蘭問題上的摩擦進一步加劇了政治不確定性，增強了黃金作為避險資產的吸引力。</p>
<p>與此同時，市場仍在關注美聯儲，等待其下一步政策行動。市場普遍預計美聯儲將維持利率不變，但鮑威爾主席在會議後的評論將受到密切關注，以尋找任何鴿派傾向。儘管激進降息的理由已減弱，但許多人仍預計在 2026 年晚些時候至少會有兩次降息。這一更廣泛的前景繼續對美元施加壓力，並支持黃金的看漲勢頭。</p>
<h3><strong>黃金突破多年通道，維持看漲技術結構</strong></h3>
<p>下方的黃金圖表顯示了一個明確的上升通道，自 2024 年初以來指導價格走勢。該模式特徵為穩定的更高高點和更高低點，價格在近兩年內尊重通道的兩個邊界。該結構作為持續看漲趨勢的可靠框架，在整固階段提供了明確的延續和支撐信號。</p>
<p><em>(點擊圖片放大)</em></p>
<p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/gold-predictors/user_content/ckimages/orig_xauusd_2026-01-27_17-34-22.webp?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/gold-predictors/user_content/ckimages/orig_xauusd_2026-01-27_17-34-22.webp"/></p>
<p>最近，黃金果斷突破了其上升通道的上邊界。這一突破發生在通道中部的短暫整固之後，突顯出強勁的潛在需求。穿越阻力的動作迅猛，並伴隨着交易量和動能的上升，表明更廣泛的上升趨勢將繼續。</p>
<p>此外，黃金突破通道後，之前的阻力轉變為潛在的支撐位。4900 美元至 5000 美元之間的突破區間仍然是監測潛在回測的關鍵區域。若能維持在該區間之上，將增強看漲的論據，併為進一步上漲打開大門。整體佈局仍指向近期持續的上行動能。</p>
<h3><strong>黃金展望：看漲勢頭保持，風險依然高企</strong></h3>
<p>黃金在地緣政治風險、貿易緊張局勢和政策不確定性持續支持避險需求的情況下，仍處於強勢地位。持續的衝突擔憂和重新出現的關税威脅使風險偏好受到抑制。同時，對未來美聯儲放鬆政策的預期限制了美元的上漲空間。最近的技術突破增強了更廣泛的趨勢，並將焦點轉向維持關鍵支撐區。只要這些條件持續存在，黃金可能會延續其上行走勢。</p>
<hr/>
<p><em>更多來自此作者的文章：</em></p>
<p>黃金因全球緊張局勢、疲軟美元和美聯儲政策變化而飆升至創紀錄水平</p>
<p>黃金因地緣政治風險和美聯儲不確定性而上漲至創紀錄水平</p>
<p>黃金在地緣政治風險和經濟不穩定中攀升至新紀錄高位</p>

<p>黃金（XAUUSD）由於地緣政治緊張局勢、貿易爭端以及對美聯儲政策的不確定性，仍然在近期高位附近保持強勁。俄羅斯與烏克蘭之間和平談判的失敗加劇了對長期衝突的擔憂，而美國的關税威脅則重新引發了貿易戰的恐懼。投資者密切關注美聯儲的下一步行動，預計利率將保持不變。黃金最近突破了多年的上升通道，顯示出持續的看漲動能，這得益於全球風險的持續存在和避險需求的支持</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1545873509-33e944ca7655/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw" alt="" original-src="https://images.unsplash.com/photo-1545873509-33e944ca7655?fm=jpg&amp;q=60&amp;w=3000&amp;auto=format&amp;fit=crop&amp;ixlib=rb-4.1.0&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D"/></p>
<p>Photo by Katie Harp on Unsplash</p>
<div class="lb-trans"><p>照片由 Katie Harp 提供，來源於 Unsplash</p>
</div><p>Gold (XAUUSD) is holding firm near recent highs as geopolitical tensions, trade disputes, and policy uncertainty continue to drive safe-haven demand. The failure of peace talks between Russia and Ukraine has deepened concerns about prolonged conflict, while fresh tariff threats from the U.S. have reignited fears of a renewed trade war. At the same time, markets remain focused on the Federal Reserve’s next move, with investors watching for signs of dovish guidance. These factors are keeping gold well-supported and sustaining its bullish momentum.</p>
<div class="lb-trans"><p>黃金（XAUUSD）在近期高位附近保持堅挺，地緣政治緊張局勢、貿易爭端和政策不確定性持續推動避險需求。俄羅斯與烏克蘭之間和平談判的失敗加深了對長期衝突的擔憂，而美國的新關税威脅則重新點燃了貿易戰的恐懼。同時，市場仍在關注美聯儲的下一步行動，投資者在尋找鴿派指引的跡象。這些因素使黃金保持良好的支撐，並維持其看漲勢頭。</p>
</div><h3><strong>Gold Remains Firm on Global Conflict, Trade Risks, and Policy Caution</strong></h3>
<div class="lb-trans"><h3><strong>黃金在全球衝突、貿易風險和政策謹慎中保持堅挺</strong></h3>
</div><p>Gold is consolidating near recent highs as global risks keep the bullish bias intact. The metal remains well-supported by intensifying geopolitical tensions. The recent failure of peace talks between Russia and Ukraine has reignited concerns about prolonged conflict. Russia’s demand for the full Donbas region and Ukraine’s outright rejection have deepened geopolitical instability. These developments are fueling demand for safe-haven assets, keeping gold in focus.</p>
<div class="lb-trans"><p>黃金在近期高位附近整固，全球風險保持看漲偏向。由於地緣政治緊張局勢加劇，該金屬得到了良好的支撐。俄羅斯與烏克蘭之間和平談判的失敗重新引發了對長期衝突的擔憂。俄羅斯對整個頓巴斯地區的要求和烏克蘭的明確拒絕加深了地緣政治的不穩定。這些發展推動了對避險資產的需求，使黃金成為焦點。</p>
</div><p>In North America, fresh trade tensions are stirring volatility. U.S. President Trump threatened a 100% tariff on Canadian goods following reports that Canada may be pursuing a trade deal with China. The aggressive rhetoric has revived fears of a renewed trade war, even as Canada clarified it has no intention of pursuing a deal with China. At the same time, U.S. friction with NATO over Greenland has further fueled political uncertainty, strengthening gold’s appeal as a safe‑haven asset.</p>
<div class="lb-trans"><p>在北美，新的貿易緊張局勢引發了波動。美國總統特朗普威脅對加拿大商品徵收 100% 的關税，原因是有報道稱加拿大可能正在與中國尋求貿易協議。這種激進的言辭重新引發了對貿易戰的恐懼，儘管加拿大澄清其並無意與中國達成協議。同時，美國與北約在格林蘭問題上的摩擦進一步加劇了政治不確定性，增強了黃金作為避險資產的吸引力。</p>
</div><p>Meanwhile, focus remains on the Federal Reserve as markets await its next policy move. The Fed is widely expected to keep interest rates unchanged, but Chair Powell’s post-meeting comments will be closely watched for any dovish tilt. While the case for aggressive rate cuts has weakened, many still expect at least two reductions later in 2026. This broader outlook continues to weigh on the Dollar and supports gold’s bullish momentum.</p>
<div class="lb-trans"><p>與此同時，市場仍在關注美聯儲，等待其下一步政策行動。市場普遍預計美聯儲將維持利率不變，但鮑威爾主席在會議後的評論將受到密切關注，以尋找任何鴿派傾向。儘管激進降息的理由已減弱，但許多人仍預計在 2026 年晚些時候至少會有兩次降息。這一更廣泛的前景繼續對美元施加壓力，並支持黃金的看漲勢頭。</p>
</div><h3><strong>Gold Breaks above Multi-Year Channel, Maintains Bullish Technical Structure</strong></h3>
<div class="lb-trans"><h3><strong>黃金突破多年通道，維持看漲技術結構</strong></h3>
</div><p>The gold chart below shows a well-defined ascending channel that has guided price action since early 2024. This pattern features steady higher highs and higher lows, with price respecting both boundaries of the channel for nearly two years. The structure has acted as a reliable framework for the ongoing bullish trend, offering clear signals for continuation and support during consolidation phases.</p>
<div class="lb-trans"><p>下方的黃金圖表顯示了一個明確的上升通道，自 2024 年初以來指導價格走勢。該模式特徵為穩定的更高高點和更高低點，價格在近兩年內尊重通道的兩個邊界。該結構作為持續看漲趨勢的可靠框架，在整固階段提供了明確的延續和支撐信號。</p>
</div><p><em>(Click on image to enlarge)</em></p>
<div class="lb-trans"><p><em>(點擊圖片放大)</em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/gold-predictors/user_content/ckimages/orig_xauusd_2026-01-27_17-34-22.webp" alt="" original-src="https://talkmarkets.com/contributor/gold-predictors/user_content/ckimages/orig_xauusd_2026-01-27_17-34-22.webp"/></p>
<p>Recently, gold broke decisively above the upper boundary of its ascending channel. This breakout followed a brief consolidation near the midsection of the channel, highlighting strong underlying demand. The move through resistance was sharp and backed by rising volume and momentum, signaling continuation of the broader uptrend.</p>
<div class="lb-trans"><p>最近，黃金果斷突破了其上升通道的上邊界。這一突破發生在通道中部的短暫整固之後，突顯出強勁的潛在需求。穿越阻力的動作迅猛，並伴隨着交易量和動能的上升，表明更廣泛的上升趨勢將繼續。</p>
</div><p>Additionally, gold’s breakout above the channel has turned former resistance into a potential support level. The breakout zone between $4,900 and $5,000 remains a key area to monitor for potential retests. Holding above this range would strengthen the bullish case and open the door to further upside. The overall setup still points to sustained upward momentum in the near term.</p>
<div class="lb-trans"><p>此外，黃金突破通道後，之前的阻力轉變為潛在的支撐位。4900 美元至 5000 美元之間的突破區間仍然是監測潛在回測的關鍵區域。若能維持在該區間之上，將增強看漲的論據，併為進一步上漲打開大門。整體佈局仍指向近期持續的上行動能。</p>
</div><h3><strong>Gold Outlook: Bullish Momentum Intact as Risks Remain Elevated</strong></h3>
<div class="lb-trans"><h3><strong>黃金展望：看漲勢頭保持，風險依然高企</strong></h3>
</div><p>Gold remains in a strong position as geopolitical risks, trade tensions, and policy uncertainty continue to support safe-haven demand. Ongoing conflict concerns and renewed tariff threats are keeping risk appetite in check. At the same time, expectations for future Fed easing are limiting upside in the Dollar. The recent technical breakout has strengthened the broader trend and shifted focus to holding key support zones. As long as these conditions persist, gold is likely to extend its upward move.</p>
<div class="lb-trans"><p>黃金在地緣政治風險、貿易緊張局勢和政策不確定性持續支持避險需求的情況下，仍處於強勢地位。持續的衝突擔憂和重新出現的關税威脅使風險偏好受到抑制。同時，對未來美聯儲放鬆政策的預期限制了美元的上漲空間。最近的技術突破增強了更廣泛的趨勢，並將焦點轉向維持關鍵支撐區。只要這些條件持續存在，黃金可能會延續其上行走勢。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多來自此作者的文章：</em></p>
</div><p>Gold Surges To Record Levels As Global Tensions, Weak Dollar, And Fed Shifts Align</p>
<div class="lb-trans"><p>黃金因全球緊張局勢、疲軟美元和美聯儲政策變化而飆升至創紀錄水平</p>
</div><p>Gold Rallies To Record Levels On Geopolitical Risks And Fed Uncertainty</p>
<div class="lb-trans"><p>黃金因地緣政治風險和美聯儲不確定性而上漲至創紀錄水平</p>
</div><p>Gold Climbs Toward Fresh Record Highs Amid Geopolitical Risk And Economic Instability</p>
<div class="lb-trans"><p>黃金在地緣政治風險和經濟不穩定中攀升至新紀錄高位</p>
</div>

在全球衝突和美聯儲的謹慎態度下，黃金繼續保持看漲趨勢