FOREX.com全球宏观市场分析师Fawad Razaqzada在一封电子邮件中表示，技术分析显示，金价在飙升 至5,000美元/盎司上方后，阻力最小的路径似乎仍是上行。该分析师表示，下一个技术目标位在5,182美 元/盎司附近，这是10月份以来上一轮主要下跌行情的261.8%斐波那契扩展位。该分析师称，略高于该 水平的下一个整数关口5,200美元/盎司成为焦点。该分析师补充说，下行方面，目前的初步支撑位在 5,000美元/盎司，4,900美元/盎司和4,800美元/盎司的整数水平也值得关注。 ...

Group 1 - The silver market remains strong, with prices reaching $75, and a cumulative increase of over 150% this year, particularly accelerating since October's historic short squeeze [1] - The upcoming announcement of the new Federal Reserve Chair by President Trump is highly anticipated, with potential candidates including Kevin Walsh, Kevin Hassett, Christopher Waller, Michelle Bowman, and Rick Rieder [1] - The new chair's ability to balance Trump's desire for lower interest rates with actual economic needs will be crucial for future policy direction and may increase internal disagreements [1] Group 2 - Short-term risks of a pullback in silver prices are noted, with a key resistance area around $65.88 that may signal a turning point [1] - For the medium to long term, significant upward targets for silver are identified at the 1.618 Fibonacci extension level of $73.43 and the 200% extension level of $88 [2]

Group 1 - The core viewpoint is that the silver market is experiencing a dual drive from financial attributes and industrial demand, leading to a fluctuating upward trend in silver prices [1] - Silver has both monetary and investment properties, historically serving as an important currency function and currently acting as an inflation hedge reserve asset [1] - The global silver consumption structure for 2024 is projected to have industrial demand at 59%, jewelry at 18%, and coins and bars at 16%, with photovoltaic demand accounting for 197.6 million ounces, approximately 17% of total demand [1] Group 2 - Silver is a critical component in photovoltaic cells, directly affecting the efficiency of energy conversion and the long-term reliability of components [1] - The current mainstream PERC solar cells require about 80 milligrams of silver per piece, while the more promising N-type TOPCon cells require up to 130 milligrams [1] - Short-term market analysis indicates a need to be cautious of potential pullback risks, particularly around the key resistance area of $65.88, which may serve as a turning point for the market [2]

Core Viewpoint - Silver prices are rebounding and approaching the resistance level of $64 per ounce, driven by rising interest rate cut expectations and optimistic market sentiment, leading to historical highs in silver prices [1] Group 1: Market Dynamics - Recent trends show that silver has been in a supply-demand deficit for five consecutive years, with a projected market shortfall of 2,950 tons by 2025 [1] - The gold-silver ratio has been correcting to around 66, with silver's price increase being driven by its stronger trading and industrial attributes in a backdrop of interest rate cuts and robust demand [1] - The phenomenon of "silver hoarding" has diminished as prices rise, leading to increased caution among consumers and investors, indicating a more rational market participation despite strong market conditions [1] Group 2: Technical Analysis - Silver has successfully broken through the upper boundary of a replicating upward channel, entering a third upward channel, signaling a continuation of bullish market sentiment [2] - The 261.8% Fibonacci extension level at $63.85 is a key resistance point, with a breakthrough potentially focusing attention on the psychological level of $65.00 [2] - Support is found at the previous resistance area of $61.50, with further targets at the lows of $60.00 and $59.35 if prices fall below this support [2]

Group 1 - The core event of the week was the Federal Reserve's decision to cut interest rates by 25 basis points, lowering the target range for the federal funds rate to 3.50% to 3.75%, which aligned with market expectations [1] - The market's focus shifted to the policy statement and Chairman Powell's press conference, where the dot plot indicated that the federal funds rate is expected to drop to 3.4% by the end of 2026, suggesting only one rate cut next year [1] - Powell emphasized significant downside risks to the U.S. labor market, which was interpreted as a dovish signal, leading some traders to bet on two rate cuts next year instead of the one indicated by the dot plot [1] Group 2 - Silver prices have successfully broken through the upper boundary of a rising channel that has constrained its movement since the 2022 low, entering a third rising channel, indicating a potential continuation of bullish sentiment [2] - If the upward trend continues, silver prices could first reach $65 per ounce and then possibly challenge the $69 per ounce level, which is a significant resistance point based on Fibonacci extension [2] - Conversely, if silver prices fall below the upper boundary of the second rising channel (below $57), it may trigger a corrective trend, with potential targets for a pullback at $55, $50, and in extreme cases, down to $45, before the bull market trend could resume [2]

Group 1 - The Trump administration has imposed new sanctions on three nephews of Venezuelan President Maduro, a businessman closely linked to Maduro's regime, and six companies involved in transporting Venezuelan oil [2] - This move is part of Trump's strategy to pressure Maduro, following the seizure of a ship carrying Venezuelan crude oil [2] - The U.S. is reportedly preparing to intercept more vessels transporting Venezuelan oil to increase pressure on President Maduro [2] Group 2 - Current spot silver is trading above $63.54, with an opening price of $63.51 per ounce, and is currently at $63.56, reflecting a 0.02% increase [1] - The highest price reached today was $63.93, while the lowest was $62.89, indicating a short-term bearish trend for spot silver [1] - Immediate resistance is noted around the previous closing point of $63.50, with a potential focus on the psychological level of $65.00 if the 261.8% Fibonacci extension at $63.85 is breached [1]