Core Viewpoint - The market is currently focused on the impact of the upcoming CPI data on gold and silver prices, with expectations of potential volatility based on the data's outcome [5][6][7]. Gold Market Analysis - Gold opened at 3395 and dropped to a low of 3342, completing the anticipated adjustment range after a previous rise from 3268 to 3410 [5][6]. - The key levels to watch are 3370 for resistance and 3320 for support, with potential movements depending on whether the CPI data is favorable or unfavorable [5][6]. - The overall trend remains bullish, with expectations that if the CPI data is positive, gold could rise to 3390, while negative data could push it down to 3320 [5][6]. Silver Market Analysis - Silver has shown a rebound after reaching a low of 37.5, which is seen as a support level, and further movements will depend on the CPI data [7]. - The resistance levels for silver are at 38.5 and 39.5, while a break below 37.5 could lead to a decline towards 36 [7]. Oil Market Analysis - International crude oil showed a slight rebound, reaching a high of 64.4, indicating a low-level consolidation phase [8]. - The support level for oil is at 63.5, and a sustained move above 66 is necessary to confirm a bullish trend towards 70 [8]. - Domestic fuel oil is recommended to maintain a bullish stance, with a target of 3000, while holding positions above 2800 [8].

Gold Market Analysis - The gold market experienced significant volatility this week, with daily price fluctuations exceeding 100 points on multiple occasions [1][2][4] - On Monday, gold prices surged from 3331 to 3430, marking a rise of 100 points [1] - Tuesday saw gold reach a historical high of 3499.9 before dropping to 3369, resulting in a decline of 130 points [1] - Wednesday opened with a 60-point drop, followed by a rise to 3386 and a subsequent fall to 3260, showcasing a volatility of over 120 points [2] - Thursday's market showed some recovery, with prices opening at 3287 and rising to 3367, an increase of 80 points [3] - On Friday, gold fluctuated from 3349 to 3370 before retreating to 3265, with a volatility exceeding 100 points [4] - Weekly analysis indicates a bearish sentiment for the upcoming week, as the K-line formed a star cross with a longer upper shadow than lower shadow [6] - Anticipated corrections may lead to a potential decline of 200 points next week, coinciding with the release of non-farm payroll data, which could introduce further market volatility [6] Silver Market Analysis - The silver market also displayed notable fluctuations this week, with a bullish trend on Monday followed by a bearish trend on Tuesday, where prices oscillated between 33.1 and 32.2 [9] - Wednesday marked a significant rally, with prices dropping to a low of 32.07 before rebounding to a high of 33.65, followed by a period of consolidation [9] - Thursday and Friday saw silver prices stabilize within a range of 33.15 to 33.66 [9] - The weekly closing pattern indicates a strong potential for bearish momentum in the silver market for the upcoming week, as evidenced by the formation of a large bullish candle with a longer upper shadow [9]