Group 1 - Gold prices reached around $4050, continuing a strong oscillating trend supported by recent U.S. market data indicating slowing job growth and low consumer confidence [1] - The latest employment data showed a weak performance, with over 150,000 layoffs reported in October, the highest for this period in over 20 years, reflecting a slowdown in labor market growth [1] - Market expectations for a Federal Reserve rate cut in December have increased, with a nearly 66% probability of a 25 basis point cut, which lowers the holding cost of gold as a non-yielding asset [1] Group 2 - The University of Michigan reported a decline in the consumer confidence index to 50.3 in November, the lowest since June 2022, indicating increased economic uncertainty and rising demand for safe-haven assets like gold [1] - There are potential pressure factors in the market, as some U.S. government operations may resume, which could alleviate short-term economic risks and reduce demand for gold as a safe-haven asset [1] - The main contradiction in the gold market is the interplay between interest rate expectations and risk appetite, with recent weak employment data and declining consumer confidence providing support for gold prices [4] Group 3 - Technically, XAU/USD is trading around $4050, with short-term support at $4020 and resistance at $4080, indicating a strong momentum but potential for pullback as it approaches resistance [2] - Observers are closely monitoring the dollar's performance and U.S. monetary policy information to assess potential price changes and market volatility characteristics [4]
Vatee外汇:黄金持稳4050美元,降息预期支撑涨势?
Sou Hu Cai Jing·2025-11-10 03:47