Can the gold price continue to rise after breaking through $2500/ounce? Gu Jianan, Assistant General Manager of Haitong Futures Investment Consulting Department, believes that the significant increase in gold prices on the day is more due to technical reasons, which were stimulated by the enthusiasm to go long after the price broke through the previous high point and important integer position. However, this is more based on the approaching turning point of the Federal Reserve's monetary policy. The rise in expectations of the Federal Reserve's interest rate cut is due to the continued weakening of fundamental data. The July non farm payroll data released earlier this month was significantly lower than expected, the unemployment rate further rose, and the PPI and CPI data released this week also fell further, all of which strengthened the market's expectations of interest rate cuts.