Core Viewpoint - The gold market is showing early signs of a trend reversal, with a significant bearish signal indicated by the formation of a shooting star pattern after reaching a historical high of $3500 [1][3]. Technical Analysis - This week, gold closed down nearly 1% at $3316.26, with the weekly low at $3260 being a critical level to watch for potential further declines [1]. - The shooting star pattern suggests a possible price correction or downturn, especially if the $3260 support level is breached [3]. - Short-term analysis indicates that gold prices may continue to decline, with resistance levels identified at $3330-$3346 and a potential target of $3221 if the $3260 support is broken [5]. Market Influences - Upcoming economic reports, including the ADP employment report and core PCE inflation data, are expected to impact market sentiment. The core PCE index is projected to rise by 0.1% month-on-month, with a year-on-year growth slowing to 2.5% from 2.8% [1]. - The non-farm payroll report is anticipated to show a slowdown in job growth from 228,000 in March to 130,000 in April, with the unemployment rate expected to remain at 4.2% [1]. Domestic Gold Products Analysis - Domestic gold products are priced per gram and are correlated with the international gold price, adjusted for real-time exchange rates [7]. - Investors holding positions at high levels are advised to either hold for recovery or exit to minimize losses, depending on their risk tolerance [7].
秦氏金升:4.27黄金技术形态显见顶信号,下周走势与操作策略全解读
Sou Hu Cai Jing·2025-04-26 23:45