· 黄金在周三与4150美元关键水平抗争，接近三周高点。 今日Ultima Markets为您带来了 2025年11月12日的黄金深入分析 · 美元在潜在美国政府重启和日益增长的美联储降息押注中找到支撑。 · 黄金周二收盘于23.6%斐波那契阻力位之上，关注在看涨相对强度指标下接受4150美元。 黄金在周三早些时候继续与4150美元障碍抗争，保持之前的看涨动能，期待政府关门的潜在结束。 黄金关注美国政府重启的众议院投票 在连续三天上涨后，黄金买家稍作喘息，受到围绕美国政府重启的乐观情绪的推动，这在市场上引发了"买入一切"的动能。 展望未来，黄金的暂时回调不能排除，因为市场准备迎接美国经济数据的恢复发布，这可能会进一步阐明美联储在利率上的前进路径。 此外，焦点将继续放在周三晚些时候由共和党控制的众议院投票上，投票内容是恢复对政府机构的资金并结束自10月1日以来的关门。 黄金价格技术分析：日线图 从日线图上观察，14天相对强度指标（RSI）略微回落，目前接近59，但仍远高于中线。 因此，领先指标表明黄金的任何下跌可能是短暂的。 也就是说，黄金周二收盘于4129美元，突破了自8月19日以来的抛物线上涨的23.6%斐 ...

Core Viewpoint - The recent decline in private sector employment, as indicated by ADP data, may lead to an earlier interest rate cut by the Federal Reserve, impacting gold prices positively if the upcoming non-farm payroll data shows continued labor market weakness [1][6]. Economic Indicators - The upcoming June non-farm payroll report is crucial for assessing the health of the U.S. labor market, with economists predicting an increase of 110,000 jobs, down from 139,000 in May, and an expected slight rise in the unemployment rate from 4.2% to 4.3% [3]. - Any unexpected performance in the labor market could lead to significant market volatility, influencing investor confidence regarding interest rate cuts [3]. Gold Price Analysis - Technically, spot gold is expected to continue its upward trend, needing further confirmation, with the price struggling to break through the flat 20-day simple moving average (SMA) and the 50% Fibonacci retracement level around $3,350 per ounce [3]. - The 100-day and 200-day moving averages maintain a bullish slope well below the current gold price, while technical indicators lack strong directional strength [3]. Short-term Price Targets - The 4-hour chart suggests that gold prices may reach higher levels, targeting the next Fibonacci resistance at $3,373.50 per ounce [5]. - Following the release of the ADP data, gold prices surpassed the previous week's high of $3,357.88, indicating potential for further upward movement [6]. Trading Strategy - The current trading strategy focuses on buying on dips, with support levels identified at $3,333 and $3,327, while resistance levels are noted at $3,366 and $3,375 [6].