Core Viewpoint - The U.S. government shutdown has not negatively impacted the dollar, which has risen, leading to declines in gold and silver prices. The focus is now on the upcoming ADP employment data rather than the Federal Reserve's interest rate decision or the government shutdown [2][4]. Gold Market Analysis - Gold prices fell from around 4000 to a low of 3930, indicating a continuation of the previous downward trend. The market sentiment is cautious, with concerns about further declines [2][4]. - The current outlook for gold is characterized by a low-level consolidation rather than a clear bullish or bearish trend. The technical indicators suggest a potential for continued weakness, with the daily chart showing a bearish trend below the Bollinger middle band [4]. - A potential rebound is anticipated if gold can stabilize above 3975, with targets set at 4000 and 4050. Conversely, if it breaks below 3930, further declines to 3900 or 3880 may occur [5]. Silver Market Analysis - Domestic silver prices also experienced significant declines, with the Shanghai gold reaching a low of 907. The recommendation is to avoid chasing long positions and instead consider buying around 915 for Shanghai gold and 905 for domestic silver [5]. - International silver prices fell but remained around 47.2. A potential rebound is possible if prices can stabilize above 48, with targets set at 49.5 [5]. Oil Market Analysis - Oil prices have shown minor fluctuations, maintaining around 60. The bullish sentiment remains, with a focus on whether the price can break above last week's high of 63, which could lead to a target of 66 [6]. - Domestic fuel oil prices have remained stable, with a potential upward target of 3000 if bullish momentum continues. If not, adjustments may occur, with support seen around 2700 [6].

Group 1: Gold Market Analysis - The current gold price is around $3340 per ounce, with a significant increase of 1.1% on the previous day, closing at $3338.70 per ounce after a rise of $35.99 [1] - The market is anticipating the ADP employment data, which is expected to influence gold prices significantly [1] - The Federal Reserve Chairman Jerome Powell indicated that more economic data is needed before initiating monetary easing, but did not rule out the possibility of a rate cut in July, which could enhance gold's appeal as it does not yield interest [1] Group 2: Technical Analysis of Gold - The recent upward trend in gold prices suggests a potential short-selling opportunity, as the market has seen a significant number of short positions being liquidated [2] - The critical resistance level for gold is identified at $3358, while a support level is noted at $3326, with a potential downward movement towards $3300 if the support is breached [4] Group 3: Oil Market Analysis - Current oil prices are stable, with WTI at $65.42 per barrel and Brent at $67.09 per barrel, reflecting a cautious balance among multiple market factors [5] - The market is closely monitoring OPEC+ supply plans and U.S. economic data, which are pivotal in shaping oil price movements [5] - The upcoming OPEC+ meeting on July 6 and potential Fed rate cuts are key variables that could influence future oil prices [5] Group 4: Technical Analysis of Oil - The medium-term outlook for oil remains bullish, with a potential upward test towards $78, although short-term momentum indicators suggest a high-level consolidation phase [6] - The recommended trading strategy for oil includes buying on dips and selling on rebounds, with resistance levels at $68.0-$69.0 and support levels at $64.5-$63.5 [6]

Group 1 - The market has seen fluctuations in gold prices, with a recent peak at 3403 and a subsequent drop to 3340, aligning with expectations of a bullish trend followed by a pullback [2][4] - Silver prices have also surged, reaching a high of 36, with a critical resistance level identified at 36.5, suggesting a cautious approach to new positions [2][6] - The upcoming non-farm payroll data is anticipated to significantly influence gold and silver market performance, with a focus on the potential for further price movements [5][6] Group 2 - Domestic gold prices have shown upward movement, with Shanghai gold reaching a high of 793 and a closing price of 786, indicating a similar trend of fluctuations [6] - The international silver market has demonstrated strong upward momentum, with current prices around 35.8, and a potential peak at 36.5, suggesting a cautious trading strategy [6][7] - Crude oil prices are expected to maintain a bullish outlook, with support at 60 and a target of 64, indicating potential for further upward movement if the resistance is broken [7][8]

Core Insights - Gold prices are experiencing fluctuations and are on an upward trend, raising questions about when a breakthrough will occur [1] - The release of the ADP non-farm employment data has been completed, leading to speculation on its impact on market trends [1] Group 1 - Gold prices are currently in a state of volatility, indicating potential for future movement [1] - The market is closely monitoring the implications of the recently published ADP data on gold prices [1]