黄金行情走势分析： 上周五（5月2日），美国劳工统计局公布4月非农就业报告，金融市场反应不一。该数据虽短期提振市 场信心，但历史数据下修和外部不确定性让投资者警惕。短期风险资产或有上行空间，中长期下行风险 在积聚。黄金市场受非农数据利空影响，先探底回升，延续震荡。1小时均线呈死叉空头排列但有拐头 迹象，反弹后高位盘整，空头动能减弱。上周五黄金早盘开盘3237，冲高至3269后强势回落，最低至 3223，尾盘拉升，日线收于3241，形成上影线较长的星十字阳线，暗示短期走势不确定。王召金建议黄 金短线操作反弹做空为主、回调做多为辅。关注3270-3280阻力位、3220-3210支撑位，可在3265点位做 空，止损3280，目标3240-3220。 作者：王召金 近期现货白银疲弱，连续三日下行，过去五日四跌。上周四亚盘跌至逾两日低点31.95，虽在32关口有 韧性，但技术面看跌。4小时K线图显示，银价已初步跌破100周期SMA，震荡指标呈负面动能，强化短 期看跌预期。不过，需有效跌破32关口，才可布局更深跌幅。上周五，白银开盘32.243，冲高至32.696 后回落，最低至31.912，尾盘波动平缓，收于32.0 ...

Core Viewpoint - Gold prices are experiencing a decline from record highs due to improved market sentiment and a rebound in the US dollar, despite ongoing long-term bullish factors for gold [1][6][7] Market Sentiment Shift - The shift in market sentiment is closely linked to gold price fluctuations, with a previous increase of over 26% since early 2025 driven by trade tensions and geopolitical uncertainties [3] - President Trump's comments about not firing Federal Reserve Chairman Powell and progress on tariff issues have alleviated concerns about the Fed's independence and reduced risks of escalating trade tensions, leading to a preference for risk assets over safe havens like gold [2][3] Technical Adjustment Pressure - Following the record high of $3500, gold prices have seen a sharp reversal, indicating potential for further technical adjustments [4] - The strengthening of the US dollar is exerting additional pressure on gold prices, as a stronger dollar makes gold more expensive for investors holding other currencies [4] Performance of Other Precious Metals - Despite the decline in gold prices, other precious metals have shown relative stability, with silver rising by 3% to $33.48 per ounce, platinum increasing by approximately 1.1% to $969.1, and palladium holding steady at $935.59 [5] Market Outlook - Long-term drivers for gold prices remain intact, including trade tensions, geopolitical uncertainties, and complex global economic conditions that support safe-haven demand [6] - Short-term adjustments may continue due to improved market sentiment and the dollar's rebound, necessitating close monitoring of trade negotiations, Federal Reserve policy changes, and global economic data [7]

Core Viewpoint - Bitcoin has experienced a significant decline, dropping nearly 40% from its peak of around $110,000 on January 20 to a low of approximately $80,000 on February 28, marking its lowest level since November 2024 [1][5] Market Performance - Other cryptocurrencies have also seen declines, with Ethereum dropping over 7.6% [2] - Bitcoin's price on February 28 was $80,472, reflecting a 4.95% decrease in the last 24 hours, with a trading volume of approximately $137.1 billion, down 10.24% [3] - In the past week, Bitcoin's price has fallen over 10%, while Ethereum has dropped 15.87% and SOLUSD has decreased by 15.97% [5] Liquidation Events - Over 200,000 traders were liquidated in the past 24 hours, with total liquidation amounting to $803 million (approximately 5.85 billion RMB) [3] - The liquidation data continues to rise, indicating ongoing market volatility [3] Causes of Decline - A significant sell-off in U.S. Bitcoin funds, particularly the iShares Bitcoin Trust, which saw a record outflow of $418 million on February 26, has contributed to the market downturn [8] - The recent hacking incident involving Bybit, where over $1.5 billion worth of cryptocurrencies were stolen, has heightened market fears regarding the security of digital assets [8][9] - The lack of substantial regulatory support from the new Trump administration has led to decreased investor enthusiasm, contributing to the price drop [9][10] Market Sentiment and Future Outlook - Analysts are divided on whether Bitcoin will rebound or continue to decline, with market sentiment playing a crucial role [6] - Some analysts have issued bearish warnings, indicating that the reversal in futures pricing for Bitcoin and Ethereum suggests weakening demand [11] - The potential for Bitcoin to be included in U.S. strategic reserves remains uncertain, with experts suggesting that such a move is unlikely due to the inherent volatility and risks associated with Bitcoin [12] - Despite the current pressures, there is a possibility of a structural rebound in the medium to long term, contingent on market conditions and potential policy changes from the Trump administration [12]