金荣中国：白银亚盘小幅承压回落，市场聚焦本周重磅数据

Fundamental Analysis - Silver prices are currently under slight pressure, with a focus on support levels for potential long positions. The recent rebound attempted to approach the short-term retracement zone of $50.02-$51.07, which remains a key resistance area. The market views this zone as a selling area unless a clear breakout occurs, maintaining a bearish sentiment in the short term. However, the long-term trend is still marginally upward, with the 50-day moving average at $45.38 providing support for the upward trend, marking a critical dividing line for the market. Buyers are appearing in this area, but confidence is not strong [1] Upcoming Economic Data - The week of November 3-7 is expected to be data-intensive, with multiple countries releasing manufacturing and services PMI, central bank interest rate decisions, and the ADP employment data. Key economic indicators from major economies, including trade balances and consumer confidence indices, will also be released. Investors need to navigate these data signals and policy expectations, as each piece of data could influence short-term movements in stock, currency, and commodity markets [3] Services PMI and Labor Market - On November 5, services PMI data will be released, closely tied to consumer spending and living costs. The ADP employment data, known as "small non-farm" data, will also be published, highlighting its importance in the absence of clear non-farm payroll data. This ADP data will now be released weekly, providing a more responsive measure of the U.S. labor market [4] Silver Market Trends - The current trend in the silver market indicates a price uptrend, with strategies for support long positions and resistance short positions. Technical charts show a support level around $46.98, with a bullish outlook indicated by the MACD. However, market activity is decreasing, suggesting cautious trading and a preference for light positions [7] Investment Opportunities - The global financial market is experiencing continuous fluctuations, presenting ongoing investment opportunities in the precious metals market. Investors can apply for accounts on trading platforms to access the latest market dynamics and seize profit opportunities [8]