Workflow
非农来袭,黄金继续大扫荡!
Sou Hu Cai Jing·2025-11-02 15:10

Core Viewpoint - The article discusses the current market dynamics for gold and silver, highlighting the interplay of both bullish and bearish factors affecting prices, particularly in light of recent geopolitical events and economic data releases. Group 1: Market Dynamics - Recent announcements from the Ministry of Finance and the State Administration of Taxation regarding gold taxation are expected to have a short-term negative impact on gold prices, but may provide long-term support [1] - The ongoing conflict in Israel and the West Bank has resulted in over 250 deaths and hundreds of injuries, complicating the ceasefire situation between Israel and Palestine, which introduces both bullish and bearish sentiments in the market [1] - The upcoming U.S. non-farm payroll data release is highly anticipated, especially after the government shutdown that delayed the September data, making the October figures particularly significant [3] Group 2: Technical Analysis - The gold market has experienced significant volatility, with a price fluctuation exceeding $100, and a notable drop of nearly $500 before stabilizing around $3,886 [3] - The recent price action indicates a potential for a "super sweep" in the gold market, driven by a mix of strong buying pressure during the previous rally and substantial selling pressure during the recent decline [5] - Key resistance levels are identified at $4,150-$4,160, with strong support around $3,915-$3,920, indicating critical price points for future movements [7] Group 3: Trading Strategy - The market is expected to experience a tendency for price increases followed by pullbacks, suggesting a trading strategy focused on short-term buying and selling around key resistance and support levels [9] - For silver, the focus remains on maintaining a bullish outlook as long as prices do not fall below the $45.5-$46 range, with significant resistance identified at $49.5-$50 [9]