|安迪|&2025.8.06黄金原油分析：黄金构筑三山背离，关注小时图60均线争夺！

Group 1: Gold Market Analysis - Gold prices experienced a slight decline during the Asian trading session on Wednesday, ending a four-day upward trend. Despite weak U.S. employment and service sector data raising expectations for a Fed rate cut in September, market risk appetite and a slight rebound in the dollar limited gold's gains [3] - Technical analysis indicates that the $3400 level is a significant resistance point, with short-term focus on key support levels. Gold faced resistance before reaching $3400 and has not effectively broken through, leading to a consolidation phase [3] - The initial support level for gold is around $3350, with potential declines targeting $3322 and $3300 if this level is breached. Further drops could test the one-month low around $3268 [3] Group 2: Mid-term Outlook for Gold - Despite short-term pressure on gold prices, the mid-term outlook remains supported by a slowing U.S. economy, rising rate cut expectations, and ongoing trade friction risks. Short-term price movements are expected to revolve around the $3400 mark, with attention on upcoming Fed officials' speeches and U.S. CPI data for directional guidance [4] Group 3: Oil Market Analysis - International oil prices rebounded on Wednesday due to supply disruption concerns, following U.S. President's tariff threats on Asian countries importing Russian oil. Additionally, OPEC+'s decision to end the production cut plan early complicates supply outlooks. A significant decline in U.S. crude oil inventories also supported the oil market [6] - The WTI crude oil price has rebounded after reaching a key support area above $60, forming a bullish engulfing pattern, indicating a short-term shift in momentum towards the bulls [6] - If WTI can effectively break through the short-term resistance at $65.80, it may challenge the mid-term resistance around $67.50. The relative strength index (RSI) has risen above neutral territory, while the MACD shows signs of narrowing, suggesting a weakening downward momentum [7] Group 4: Long-term Oil Market Considerations - Overall, unless new supply-side negative news emerges, WTI's short-term trend appears to favor a consolidation and rebound pattern. However, significant resistance remains from moving averages, necessitating attention to volume for a potential breakout. The oil market faces dual pressures from supply growth and trade concerns in the medium to long term, particularly with OPEC+ accelerating production and U.S. diplomatic pressures [9]