Group 1: Gold Market Analysis - The current spot gold price is around $3,380.79 per ounce, influenced by weak U.S. economic data, rising expectations for Federal Reserve rate cuts, and escalating global trade tensions [1][2] - The technical analysis indicates a bullish trend for gold, with a significant long lower shadow candlestick suggesting stabilization and potential upward movement towards the $3,460-$3,470 range [4] - The market sentiment is further supported by geopolitical risks and a weakening dollar, which are driving demand for gold as a safe-haven asset [2][4] Group 2: Oil Market Analysis - International oil prices are stable, with Brent crude at $68.76 per barrel and WTI crude slightly down at $66.27, amid concerns over supply surplus [5] - OPEC+ plans to increase oil production by 547,000 barrels per day starting in September, which may pressure oil prices downward [5] - The oil market is currently in a state of "supply-demand expectation game," with geopolitical pressures potentially limiting supply and affecting global energy flows [5][6] Group 3: Trading Strategy Insights - The trading strategy for gold suggests a focus on buying during pullbacks, with key resistance levels at $3,400-$3,410 and support levels at $3,360-$3,350 [4] - For oil, the recommendation is to sell on rebounds, with resistance levels at $67.0-$68.0 and support levels at $64.0-$63.0 [6]

Group 1: Gold Market Insights - The continuous rise in the gold market is attributed to expectations of interest rate cuts by the Federal Reserve, global trade conflicts, and geopolitical risks [3] - Weak U.S. economic data supports the case for rate cuts, while low yields and a weak dollar enhance gold's appeal [3] - Trump's tariff policies and increasing geopolitical tensions have heightened market uncertainty, boosting demand for gold as a safe-haven asset [3] Group 2: Technical Analysis of Gold - Gold is currently trading around $3372.63, with potential testing of the $3360 support level [4] - The resistance level is identified at $3387.85, which corresponds to a 61.8% retracement level from a previous low of $3269, indicating possible deep corrections or trend reversals [4] - If gold prices successfully break above the resistance, they may test the yearly high of $3500 [4] Group 3: Short-term Trading Strategies - The key support for gold is noted at $3360, and maintaining this level is crucial for a bullish outlook [6] - A breakthrough above $3385 could provide further buying opportunities, with targets set at $3384, $3392, and $3402 [6] - Current trading strategies suggest maintaining long positions as long as the price holds above the critical support level [6] Group 4: Oil Market Overview - International oil prices have stabilized after three consecutive days of decline, with Brent crude at $68.76 and WTI at $66.27 [12] - Concerns over OPEC+ potentially increasing production by 547,000 barrels per day may lead to oversupply, countering support from Russian supply disruptions [12] - The technical outlook for WTI shows significant downward pressure, with prices hovering around $66 and failing to maintain support from moving averages [12] Group 5: Market Dynamics and Future Outlook - The oil market is currently in a "supply-demand expectation tug-of-war," with OPEC+ decisions potentially lowering prices while geopolitical pressures from the U.S. may limit supply [15] - Short-term oil prices are expected to remain volatile, with September being a critical turning point for the market [16]