Core Viewpoint - The gold market experienced significant volatility, with prices initially rising but then sharply declining following the release of the Federal Reserve's October meeting minutes, which indicated a divided opinion on future interest rate cuts [1][3]. Group 1: Gold Price Movements - On Wednesday, gold prices surged to a high of $4132.86 per ounce before plummeting to a low of $4055.53, marking a short-term drop of $77 [1]. - By the end of the trading day, spot gold closed at $4077.93 per ounce, reflecting a modest increase of 0.26% despite earlier gains exceeding 1% [1]. - The dollar index (DXY) rose by 0.54% to 100.13, contributing to the pressure on gold prices [3]. Group 2: Federal Reserve Meeting Minutes - The minutes from the Federal Reserve's October meeting revealed a split among officials regarding the appropriateness of further rate cuts, with some advocating for a pause while others suggested a potential cut if economic conditions align [4][5]. - The minutes indicated that many officials believe no further cuts will be necessary within 2025, contrasting with previous market expectations for continued easing [4][5]. - The Federal Open Market Committee (FOMC) consists of 19 participants, but only 12 have voting rights, leaving the December decision uncertain [4]. Group 3: Economic Data and Market Sentiment - Traders are awaiting the upcoming U.S. non-farm payroll report, with expectations of 50,000 new jobs in September, an increase from August's 22,000 [8][9]. - Recent data showed that initial jobless claims remained at a two-month high, with 232,000 claims reported for the week ending October 18 [10]. - The market is closely monitoring economic indicators to gauge the Federal Reserve's future actions [4][10]. Group 4: Gold Trading Analysis - The upward trend in gold prices remains intact, with current prices above the 20-day simple moving average (SMA) of $4044 per ounce, which is considered a key support level [11]. - If gold prices break above $4100 per ounce, traders may target the $4200 per ounce level [12]. - Conversely, a drop below the 20-day SMA could lead to a decline towards $4000 per ounce, with potential further declines to the October 28 low around $3886 per ounce [14].
【黄金收评】究竟怎么回事!?金价美市惊现77美元暴跌行情 接下来如何交易
Sou Hu Cai Jing·2025-11-20 03:34