领峰金评：PMI疲弱跌穿荣枯线 黄金多头起爆

Core Viewpoint - The recent surge in gold prices is driven by a combination of unstable global economic conditions, disappointing U.S. service sector data, and ongoing tariff disputes, which have collectively supported bullish sentiment in the gold market [1]. Economic Data Summary - The ADP National Employment Report indicated that U.S. private sector jobs increased by only 37,000 in May, significantly below economists' expectations of 110,000, marking the smallest gain in over two years [1]. - The ISM's non-manufacturing Purchasing Managers' Index (PMI) fell to 49.9, dipping below the neutral 50 mark for the first time since June 2024, contrasting sharply with the expected 52.0, highlighting the fragility of the U.S. economic recovery [1]. Tariff Developments - Reports suggest that a U.S.-Canada trade agreement may be reached next week, with Canadian Prime Minister indicating readiness for retaliatory measures if negotiations fail [1]. - EU trade officials noted that negotiations with the U.S. are progressing in the right direction [1]. - The UK Prime Minister expressed confidence in quickly reducing tariffs with the U.S. [1]. Technical Analysis of Gold - Gold prices have broken through the recent triangle consolidation pattern, opening up upward movement potential after surpassing the resistance level of 3330 [3]. - The price stabilized at a key support level of 3345 before rebounding to a daily high of 3383, maintaining an upward trend [3]. - The MACD indicator shows bullish momentum, suggesting a continuation of the upward trend, with recommendations to adopt a bullish strategy [3]. Trading Strategies - For gold, a long position is suggested at 3365.0 with a stop loss at 3357.0 and targets set at 3378.0 and 3415.0 [4]. - For silver, a long position is recommended at 34.30 with a stop loss at 34.00 and targets at 34.90 and 35.60 [6]. Technical Analysis of Silver - Silver has also broken through recent resistance levels, indicating a continuation of the bullish trend [7]. - The current price action suggests a consolidation phase, with potential for further upward movement if a bullish signal appears in the MACD [7].