香港第一金：美联储纪要来袭，凌晨03:00黄金波动率恐翻倍！

Core Viewpoint - The article discusses the current market resistance and support levels, along with trading strategies based on these levels, particularly in light of upcoming economic data and Federal Reserve announcements [2][4]. Market Analysis - Resistance levels are identified at 4100 (psychological level & initial resistance) and 4120-4130 (stronger resistance zone, former support turned resistance) [2]. - Support levels are noted at 4060-4070 (recent fluctuation low area) and 4040 (key support, breaking below this could open larger downside potential) [2]. Trading Strategies - The company suggests looking for short-selling opportunities near key resistance levels due to an overall weak trend [2]. - Specific entry zones for short positions are identified at 4100-4110, with a stop-loss above 4125 and a target of 4080-4065 [4]. - A breakout strategy is proposed if prices effectively break below the 4060-4070 support area, with a light position taken at 4075-4085, stop-loss above 4100, targeting 4040-4020 [4]. - For low-level rebound plays, a strong support area of 4040-4050 is highlighted, with confirmation signals needed before positioning, and a stop-loss below 4030, targeting 4070-4085 [4]. Key Upcoming Events - The Federal Reserve's monetary policy meeting minutes are highlighted as a critical upcoming event, scheduled for November 20 at 03:00 Beijing time, which may reveal the Fed's latest internal views on inflation and interest rates, potentially causing significant market volatility [4]. - Other important data/events to watch include U.S. housing data tonight and initial jobless claims tomorrow evening [4]. Risk Management - Strict stop-loss measures are emphasized, with any strategy requiring pre-set stop-loss levels to prevent significant losses [6]. - Position management is advised, suggesting a reduction of positions to 50% or below normal levels before the Fed minutes are released to mitigate uncertainty risks [6]. - Attention is drawn to potential market volatility immediately following the release of the minutes, with recommendations to exit positions or set stop-loss orders in advance [8].