Fundamental Analysis - Gold prices are currently hovering around $3,948 after a decline of 1.7% on November 4, closing at $3,931.78 per ounce, while December U.S. futures fell 1.3% to $3,960.50 [1][3] - The divergence among Federal Reserve officials has increased, cooling market expectations for a rate cut in December, which has helped the U.S. dollar index surpass the 100 mark, reaching a three-month high [1][3] - The ongoing U.S. government shutdown, now in its 35th day, raises concerns about economic data availability, providing some support for gold prices as a safe haven [1][4] Technical Analysis - The gold price recorded a bearish candle on the previous day, indicating pressure on recent rebounds, with a key support level around $3,920 [6] - Short-term trading is currently within a range of $3,920 to $4,030, with recent attempts to break above $4,030 failing, leading to further weakness [6] Trading Strategy - A trading strategy is suggested within the $3,925 to $4,025 range, with a stop loss of $10 and a target profit of $30 to $50 [7]
金荣中国：现货黄金震荡下跌1.7%，目前暂交投于3948美元附近
Sou Hu Cai Jing·2025-11-05 05:57