Core Viewpoint - The current market environment is characterized by uncertainty, with limited data available for analysis, particularly regarding retail sales and employment figures, which may impact future market movements [2][3]. Group 1: Economic Indicators - The upcoming retail sales month-on-month data is considered important, while the PCE data is unlikely to be released due to the October government shutdown [2]. - The employment data for November will not be available until after the December FOMC meeting, adding to the uncertainty [2]. Group 2: Interest Rate Predictions - Predictions for the next three FOMC meetings indicate a 69.4% chance of maintaining the current interest rate of 3.75%-4.00% by December 11, 2025, with a decreasing likelihood of this rate in subsequent meetings [3]. - The fluctuating expectations for a rate cut in December have been between 30% and 60%, reflecting the market's uncertainty [3]. Group 3: Market Sentiment - The market is currently in a state of indecision, with traders likely to be less active due to the upcoming Thanksgiving holiday, which may limit market movements [3]. - The gold market is also experiencing a delicate balance, with multiple tests of support levels and a lack of strong downward momentum [4][7]. Group 4: Technical Analysis - The key support level for gold is identified around 4030-4025, with potential downward movement if this level is breached [7]. - The Fibonacci retracement levels indicate important resistance around 4115-4120, which may affect trading strategies [7]. Group 5: Upcoming Events - The final week of November is expected to be unstable, with traders advised to monitor key levels closely [5][7]. - A simulation trading competition is set to begin on December 1, with the last week for registration [7].

Core Viewpoint - The market is experiencing a significant downward adjustment, with the potential for further declines as key support levels are breached [3][4]. Market Analysis - The international market has fallen below 4000, while the domestic market is struggling around 900, indicating a precarious situation for investors [3]. - The recent decline in gold prices is characterized by a strong downward movement, breaking through the middle band of the Bollinger Bands, suggesting that the adjustment phase is ongoing and intense [3]. - The market has shown a pattern of "slow rise, fast fall," with a lack of support in the lower price ranges, making it vulnerable to rapid declines [3]. Technical Indicators - Fibonacci retracement levels indicate that the first retracement line is at 4128, which has proven to be a critical resistance level [3]. - The 50% retracement level is identified at 3846, suggesting that further declines could lead to significant price drops [4]. - The current downward trend is described as a "headless" decline, contrasting with the previous upward trend, indicating a shift in market sentiment [6]. Support and Resistance Levels - Key support levels to monitor include 3930 to 3910; if these levels are breached, a rapid decline to around 3870 is anticipated [6]. - The potential for a return to 3900 points is noted, with further declines possibly reaching 3782 if the downward trend continues [6]. ETF Holdings - There is a noted reduction in holdings of silver and gold ETFs, suggesting that institutional investors are also adjusting their positions in response to market conditions [6].

Group 1: US Dollar Index - The US Dollar Index showed an upward trend last Friday, reaching a high of 97.951 and a low of 97.515, closing at 97.828 [1] - The price is currently supported at the daily and four-hour levels, indicating a bullish outlook [1] - The weekly resistance level is at 98.90, suggesting a potential bearish trend in the medium term [1] Group 2: Gold Market - Gold prices increased last Friday, with a high of 3368.57 and a low of 3321.7, closing at 3357.3 [3] - The 3373 level is identified as a critical Fibonacci retracement level, requiring careful monitoring for potential resistance [4] - The four-hour support level is at 3335, with a bullish outlook as long as prices remain above this level [4] Group 3: EUR/USD Market - The EUR/USD pair experienced a decline last Friday, with a low of 1.1664 and a high of 1.1713, closing at 1.1691 [6] - The monthly support level is at 1.0950, indicating a long-term bullish perspective [6] - The four-hour resistance level is at 1.1700, suggesting a short-term bearish outlook as prices remain below this level [6]

Group 1 - The current market sentiment for gold is bearish, with a focus on short positions as the primary trading strategy [1][6] - Key resistance level for gold is at 3345, while support is identified at 3310, with a potential target below 3200 if the support is broken [1][4] - Recent market news, including trade negotiations and ceasefire agreements, have not significantly impacted the expected downward trend in gold prices [2][4] Group 2 - The analysis indicates a potential target of 3275 for gold prices based on Fibonacci retracement levels, with further targets at 3285 and 3245 [4] - A recent trading attempt at 3309 resulted in a stop loss, highlighting the challenges of accurately predicting market movements [4][5] - The overall trading strategy emphasizes a continued focus on bearish positions, with no significant bullish trends expected in the near term [6]