Group 1 - The current total holdings of the world's largest gold ETF, SPDR Gold Trust, stand at 981.97 tons, reflecting a decrease of 2.29 tons from the previous trading day [5] - On September 4, spot gold prices experienced a mild decline, reaching a low of $3,511.03 per ounce before recovering slightly to close at $3,545.57 per ounce, marking a drop of $13.46 or 0.38% [5] - The decrease in gold ETF holdings marks the second consecutive day of reduction, coinciding with profit-taking behavior among investors [5] Group 2 - The ADP employment report indicated an increase of 54,000 jobs in August, significantly below the market expectation of 68,000, and a notable slowdown from the revised increase of 104,000 in July, suggesting a cooling labor market [5][6] - Initial jobless claims in the U.S. rose to the highest level since June, further supporting the narrative of a softening labor market [6] - Concerns regarding the independence of the Federal Reserve continue to bolster gold prices, with Goldman Sachs predicting that if the Fed's credibility is compromised, gold prices could soar to nearly $5,000 per ounce [6] Group 3 - Technical analysis indicates strong bullish momentum for gold prices, despite technical indicators being in an extreme overbought state [6] - Resistance levels for gold prices are identified at $3,560, followed by the $3,580 region, with a target of $3,600 [7] - Support levels are found near the 23.6% Fibonacci retracement level from the recent rebound around $3,300 per ounce, with a potential challenge to the $3,500 mark if selling pressure continues [7]
黄金ETF持仓量报告解读（2025-9-5）获利了解升温 金价回调
Sou Hu Cai Jing·2025-09-05 04:08