Federal Reserve Game + Trump Statement! The life-and-death battle at the 4300 gold level will begin tonight

The interest rate cut cycle remains unchanged, and the policy fog is hard to clear! The Federal Reserve's last heavy statement of the year, combined with Trump's policy tone, is creating a double storm sweeping through the gold market, with spot gold consolidating at the key level of 4230 USD. Can the bulls break through the 4300 integer level and aim for historical highs? Four major core events will successively ignite the US market trend!

21:15 Federal Reserve Governor Waller will give a significant speech. As a popular candidate for the Federal Reserve chair, his interest rate path and inflation statements directly impact market nerves—hawkish rhetoric may trigger profit-taking, and gold prices could drop to the 4180 support; if dovish signals are released, it will further strengthen rate cut expectations, and gold is likely to launch an attack towards 4300.

22:00 Trump’s policy speech is the grand finale, with tariff measures and policy framework as the core highlights. If the attitude is tough, it will raise inflation stickiness, combined with concerns about US dollar credit, which will inject strong upward momentum into gold; if the statements are mild, it may trigger a rebound in the US dollar, and gold prices are likely to fall back to around 4220 for consolidation.

22:05 New York Fed President Williams focuses on US dollar liquidity, and his speech will set the tone for market liquidity expectations. Once dovish signals are released, expectations for liquidity easing will heat up, and the attractiveness of gold as a non-interest-bearing asset will significantly increase, giving bulls the best opportunity to increase positions.

Next day 01:30 Atlanta Fed President Bostic interprets the economic outlook, and his stance directly influences safe-haven fund flows. If he continues to emphasize inflation risks with a hawkish stance, gold prices may come under pressure to adjust; if he acknowledges the cooling labor market and economic slowdown trend, safe-haven buying will gather again, adding momentum for gold's upward attack.

The current market still has disagreements about the Federal Reserve's interest rate cut expectations in 2026, but the continuation of the rate cut cycle, central bank gold purchasing demand, and the reconstruction of US dollar credit as long-term supports remain unchanged. Institutions have raised gold price expectations to above 4500 USD. Tonight, the four major events will successively clear the policy fog, and the direction choice amid the high volatility of gold is about to be revealed!