Core Insights - The article highlights the continuous increase in gold reserves by central banks, particularly in China, as a response to global economic uncertainties and inflation concerns [1][2][20] - It discusses the impact of macroeconomic factors on various commodities, including copper, gold, and oil, emphasizing supply-demand dynamics and geopolitical risks [2][3][14] Economic Overview - IMF projects a mid-term global economic growth rate of approximately 3%, lower than the pre-pandemic level of 3.7% [1] - By 2029, global public debt is expected to exceed 100% of GDP, with developed and emerging markets leading this trend [1] - As of September, China's foreign exchange reserves reached $3338.7 billion, an increase of $16.5 billion or 0.5% from August [1] Gold Market - China's gold reserves have increased for 11 consecutive months, reaching 74.06 million ounces by the end of September [1] - The international gold price surpassed $4000 per ounce during the holiday period, driven by concerns over U.S. fiscal deficits and central banks' increasing gold purchases [2][20] - The sentiment around gold as a safe-haven asset has strengthened, despite traditional bearish factors like a strong dollar and positive U.S. employment data [2][20] Copper Market - LME copper prices rose nearly 3% during the National Day holiday, supported by tight supply expectations due to mining disruptions in Indonesia [2][21] - The overall copper supply-demand balance is expected to show a slight deficit, providing long-term support for copper prices [2][21] Oil Market - International oil prices remained stable during the holiday, influenced by OPEC's decision to increase production by 137,000 barrels per day [3][14] - Demand pressures are evident due to economic slowdowns and the end of the Northern Hemisphere's peak demand season [3][14] - Geopolitical tensions in regions like the Middle East and Eastern Europe are present but not significantly impacting oil prices [3][14] Financial Market Trends - U.S. stock indices showed positive performance during the holiday, with significant gains in the non-bank financial sector [11] - The bond market experienced fluctuations, with U.S. Treasury yields generally declining amid concerns over government shutdowns and weak employment data [12][13] Commodity Price Movements - Various commodities, including zinc and methanol, showed mixed price movements influenced by supply chain dynamics and inventory levels [22][15] - The overall sentiment in the commodity markets remains cautious, with attention on macroeconomic indicators and potential policy changes [17][18]

Group 1 - The current gold market is experiencing fluctuations, with expectations of a high-level sweep before the Federal Reserve's interest rate decision next week [2] - Gold is expected to maintain a bullish trend as long as it stays above the key support levels of 3580 and the last wave's starting point [2] - The short-term downward pressure is evident below 3674, with a focus on the 3640-3643 area for potential trading strategies [2] Group 2 - Domestic gold trading emphasizes not chasing high prices and waiting for pullbacks to enter long positions, with specific support levels identified for both Shanghai gold and accumulated gold [2] - Recent trading has shown that Shanghai gold and accumulated gold have rebounded at their respective support levels of 830 and 820, indicating potential profit opportunities for traders [2] - The overall trend remains bullish, and traders are advised to take profits near 840 for Shanghai gold and 830 for accumulated gold while maintaining a positive outlook [2]

Group 1: Gold Market Analysis - The gold price fluctuated between 3437 and 3600 this week, with a notable increase in volatility after breaking the 3500 level, indicating strong bullish sentiment [1] - The weekly closing showed a significant bullish trend, with the mid-range support remaining firm, suggesting continued upward movement in gold prices [1] - Daily analysis indicates a series of upward movements from Monday to Wednesday, followed by a single-day pullback on Thursday, and a resurgence on Friday, establishing 3510 as a new upward starting point [1] - The trend remains strong, but the risk of rapid declines increases with the rising prices, necessitating caution in trading strategies [1] - The focus for next week is on maintaining a bullish outlook while being vigilant, with key levels to watch being 3555/3566 for potential bullish positions and 3532/3544 as critical support [1] Group 2: Oil Market Analysis - The oil market experienced a decline this week, aligning with previous expectations, with a focus on bearish positions around the 65/66 levels [2] - The weekly performance showed a downward trend, and the outlook for next week suggests continued bearish sentiment with potential rebounds to set up further short positions [2] - The anticipated target for this downward movement is between 57 and 60, where consideration for bullish positions may be revisited [2] - Temporary support was noted at 61.30, with expectations for rebounds to 63.20/64.20 to establish additional short positions [2]

Group 1 - The focus is on the upcoming non-farm payroll data, which is expected to have a limited impact on gold prices if the actual data aligns closely with market predictions [2][4] - Gold has shown a bullish trend, with a significant increase of over $200, but recent adjustments indicate potential volatility around key support and resistance levels [4][5] - Silver has faced resistance at $41.5, and its future performance will depend on the non-farm data, with a critical support level at $40 [5][6] Group 2 - The domestic gold market has mirrored international trends, with significant price movements in contracts like the Shanghai Gold (2512) and Rongtong Gold, indicating a potential peak in the current uptrend [5] - The strategy for trading gold involves cautious short positions ahead of the non-farm data, with specific price levels to watch for potential reversals [5][6] - The international silver market is also under scrutiny, with a focus on the $41.5 resistance and $40 support, which will dictate future price movements based on the non-farm data [5][6]

Group 1 - The market is currently experiencing a rebound, but it is still within a bearish trend, with the last significant low at 107200 being a critical level for potential further declines [1][3] - The short-term resistance level is identified at 113500, and a breakthrough above this level is necessary for a change in the current market framework [3] - The presence of two consecutive daily gains may indicate a potential bull trap, suggesting that traders should remain cautious and consider short positions [3] Group 2 - The price action indicates that the market is likely to test the 110500-111000 area, which may lead to adjustments before any further movements [1] - If a significant bearish engulfing pattern occurs today, it would confirm the continuation of the downtrend, while a rebound could indicate a consolidation phase [3] - Overall, the prevailing sentiment remains bearish, with short positions being favored in the current trading environment [3]

Group 1 - The article suggests that the bearish trend in gold at the hourly level remains unchanged, indicating a potential test of the 3320 level again [1]

Group 1 - The article discusses the recent false breakdown in gold prices and strategies to avoid low-level short selling [1] - It questions whether the bearish trend for the US dollar and Swiss franc is still ongoing [1] - The latest update of the "Steven Trend Equation" program is mentioned, encouraging viewers to watch it for more insights [1]

Core Viewpoint - The article highlights a strong bearish trend in the gold market, indicating that the bullish defense level of 3340 is at risk of being breached [1] Group 1 - The current market sentiment for gold is predominantly bearish, suggesting a potential decline in prices [1] - The trading academy is actively engaging with participants through live sessions, indicating a focus on real-time market analysis and education [1]

Core Insights - Gold has entered a bearish trend, briefly dropping below 3300 before recovering, raising questions about the potential for a bullish market to return [1] Group 1 - The current trend for gold is bearish, indicating a downward movement in prices [1] - Gold prices briefly fell below the 3300 mark, suggesting volatility in the market [1] - There is speculation regarding the possibility of a bullish trend returning in the future [1]

Group 1 - The article discusses the upcoming release of CPI data and its potential impact on the short-term bearish trend in gold prices [1] - There is speculation on whether gold prices can rebound tonight, indicating a focus on market sentiment and trading strategies [1] - The TTPS team is actively analyzing the situation, suggesting a proactive approach to trading in response to market developments [1]