Group 1 - The market experienced unusual volatility last week, with silver reaching a historical high of 57.3, exceeding previous expectations, while gold also rose to around 4233, indicating a strong upward trend [2] - The analysis suggests that the bullish trend for gold and silver is expected to continue this week, with potential upward targets for gold at 4300 and 4380, while maintaining a low-risk approach to trading [4][5] - The domestic gold contracts have reached significant highs, with the Shanghai gold contract at 966 and the Rontong gold at 956, reinforcing the bullish outlook for the current cycle [5][6] Group 2 - International silver has surpassed market expectations, breaking previous highs and continuing to rise, with a current high of 57.5, indicating substantial upward momentum [6][7] - The Shanghai silver contract has also reached a historical high of 13400, with a significant increase from the previous target of 12450, suggesting further upward potential [7] - The performance of international crude oil remains lackluster, closing at 59.2, with expectations of potential upward movement if it stabilizes above 61 [7]

Group 1 - Silver futures are currently trading above 12609, with a recent price of 12695, reflecting a 2.95% increase, and a trading range between 12384 and 12705 [1] - Pictet Asset Management forecasts a weakening dollar due to slowing economic growth, predicting the dollar index will drop from 99.55 to 95 by the end of 2026, which could benefit silver [2] - The market is experiencing low liquidity due to the Thanksgiving holiday, amplifying currency trading volatility, with the dollar retreating from a six-month high [2] Group 2 - Silver futures have reached a new high at 12700, indicating a strong bullish trend, with the main contract expected to trade between 12200 and 12700 [3] - The premium for silver in Shanghai has narrowed to 310 yuan per kilogram, suggesting continued strong sentiment in the silver market [3]

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].