Pictet Asset Management策略师Luca Paolini表示，随着经济增长放缓为美联储进一步降息铺平道路，美 元明年将面临新一轮疲软。他指出，美元的利率差正在显著收窄。"我们预计美国经济会变得稍微疲 软，这将使通胀压力慢慢消失。"相对而言，世界其他地区的经济增长可能会改善，尤其是欧洲和日 本。除此之外，美元估值仍显偏高。 今日周五(11月28日)亚盘时段，白银期货目前交投于12609一线上方，今日开盘于12500元/千克，截至发 稿，白银期货暂报12695元/千克，上涨2.95%，最高触及12705元/千克，最低下探12384元/千克，目前来 看，白银期货盘内短线偏向震荡走势。 【要闻速递】 Spectra Markets总裁Brent Donnelly表示："市场很快就会考虑2026年的主要交易策略，我强烈认为'做多 美元'不会是其中之一。"他说，如果主张降息的白宫经济顾问哈塞特被任命为下一任美联储主席，这对 美元应该是不利的。 【最新白银期货行情解析】 沪银再次刷新高点，目前价位在12700，破位了前高，很明显，白银还是绝对的强势，多头趋势下，上 涨不猜顶，无法看到白银的顶部点位在哪里 ...

Core Viewpoint - The market remains volatile, influenced by geopolitical situations and trade tariffs, with gold and silver experiencing significant price increases recently. The bullish trend for gold is expected to continue, but attention should be paid to the price fluctuations and market dynamics [2][4]. Gold Market Analysis - Gold has maintained a bullish trend, with a peak price of 4060 recently. The market experienced a three-day upward trend followed by a correction, but a strong close on Friday suggests potential for further gains early in the week [4][5]. - Key support levels for gold are identified at 3945 and 3900, with a strong bullish outlook as long as prices remain above these levels. A break above 4060 could lead to targets of 4100 and 4500 [5][6]. - Caution is advised against chasing high prices; instead, traders should look for opportunities to buy on dips, particularly around the support level of 4010 [5][6]. Silver Market Analysis - The silver market has shown a strong bullish trend, with prices reaching a historical high of 51.5. The key support levels for silver are at 48.5 and 47.5, and as long as these levels hold, the outlook remains bullish [6][7]. - Traders are encouraged to wait for price corrections to enter long positions, particularly around the support level of 49.5 [6]. Domestic Fuel Market - The domestic fuel market has shown a bullish trend, with previous recommendations to buy at 2750 leading to significant gains. Current strategies suggest continuing to buy at 2750 with a target of 3000 [8].

Group 1 - The core viewpoint indicates a bullish trend for gold, with targets set at 3500, while silver shows resilience against pullbacks [1] - The latest update from the "Steven Trend Equation" segment highlights the ongoing momentum in the gold and silver markets, particularly in the context of European and American bullish positions [1]

Core Viewpoint - The overall trend for gold remains bullish despite recent fluctuations, with potential upward movement expected after a recent low at 3120 [2][4]. Gold Market Analysis - Gold opened lower this week, establishing a weak foundation, but a key support level at 3200 is critical; if it holds, a range-bound movement is expected, while a break below could indicate further weakness [2]. - A significant rebound occurred after hitting 3120, with prices rising to 3250, aligning with market expectations [2][4]. - The next targets for gold are projected at 3300 and 3400, following the confirmation of a mid-term adjustment completion [2][5]. Silver Market Analysis - Silver has shown a decline but has not broken below 31.5, indicating a continued bullish trend with high-level fluctuations [2]. - A recent low at 31.6 provided a buying opportunity, with current prices around 32.7, suggesting profitable positions for traders [5]. Domestic Futures Market - In the domestic futures market, a cautious approach was advised until a solid bottom was established; recent positions in沪金 and融通金 were initiated around 740, with prices now reaching 755 [5]. - The domestic silver market also reflected a bullish sentiment, with a recent low at 8000 providing a strong support level, leading to a rise to 8200 [6]. Oil Market Analysis - The international oil market has entered a state of fluctuation, with a recommendation to maintain a neutral stance, observing a trading range between 63.5 and 60.5 [6]. - The domestic fuel market has seen a bullish trend, with expectations of reaching 2750/2800, and current prices around 2720 suggest a wait-and-see approach [7].