Group 1: Gold Market Analysis - The gold market is currently experiencing a strong upward trend, with prices supported by expectations that the Federal Reserve will maintain high interest rates for an extended period without significant increases [2][3] - Geopolitical tensions, particularly in the Middle East, are contributing to gold's appeal as a safe-haven asset, with ongoing demand from official purchases and ETF holdings providing a stabilizing effect [2][3] - Technical analysis indicates that gold has broken through the key resistance level of 4270, suggesting a continuation of the bullish trend, with short-term support identified at 4320 [5][6] Group 2: Oil Market Analysis - The oil market is currently facing downward pressure, with WTI crude oil prices nearing a low of 55.12 USD per barrel, influenced by easing trade concerns and market sentiment [6][7] - Despite short-term support around 57 USD for WTI and 61 USD for Brent, the long-term outlook remains cautious due to ongoing supply-demand dynamics and potential trade uncertainties [6][7] - Technical indicators suggest a bearish trend for oil, with MACD showing a downward momentum, indicating that the market may continue to experience downward pressure in the near term [7]

Core Viewpoint - International gold prices are experiencing a pullback but remain above key support levels, indicating potential for future strength after a period of adjustment [1][3][5] Market Performance - On April 29, gold opened at $3344.15 per ounce, reached a high of $3348.38, and closed at $3317.09, marking a daily decline of $27.06 or 0.81% [1] - The trading range for the day was between $3299.70 and $3348.38, with a volatility of $48.68 [1] Influencing Factors - The U.S. dollar index showed a slight recovery, applying pressure on gold prices, while the 10-year U.S. Treasury yield continued to decline, providing some support for gold [3][5] - Geopolitical tensions, including U.S. Secretary of State's comments on Russia-Ukraine negotiations and threats from India towards Pakistan, have heightened risk aversion, benefiting gold prices [3][8] Future Outlook - The market anticipates that upcoming economic data, including U.S. ADP employment figures and GDP growth rates, will be favorable for gold prices [5] - Despite short-term fluctuations, the overall sentiment remains bullish for gold, with expectations of a potential rise towards the $3500 mark [8][10] Technical Analysis - Monthly charts indicate significant volatility with a range of over $540, yet gold maintains a strong upward trend above key support levels [10] - Weekly charts suggest a risk of further declines, but the overall trend remains supported by upward-moving averages and Bollinger Bands [11][12] Trading Strategy - Current trading strategy suggests monitoring support levels around $3308 and $3290, with resistance at $3328 and $3348 for gold [14]

Group 1 - The article discusses the recent fluctuations in gold prices, highlighting that gold is currently trading around $3,337.58 per ounce after a rebound from a low of $3,268, supported by a weakening US dollar and geopolitical tensions [1][2] - The US dollar index has dropped by 4.89% in April, marking its largest monthly decline since July of the previous year, which has contributed to the bullish outlook for gold [1][2] - Market participants are awaiting key economic data from the US, including the JOLTs job openings data and the April employment report, which may indicate the impact of trade policies on the economy [1][2] Group 2 - The article notes that despite recent profit-taking at the historical high of $3,500, the bearish pressure is dissipating, and there remains a tendency for buying on dips in the ongoing bull market [2] - The geopolitical situation, particularly in the Middle East and the ongoing Russia-Ukraine conflict, continues to support gold prices, as trade concerns persist due to tariff policies [2] - The Federal Reserve's Beige Book and the IMF's World Economic Outlook report have downgraded global economic growth forecasts, suggesting a continued bullish outlook for gold [2] Group 3 - Technical analysis indicates that gold is currently in a range-bound trading pattern, with key support at $3,260 and resistance around $3,370, suggesting a cautious trading approach [3][5] - The article emphasizes the importance of monitoring specific price levels for trading strategies, recommending short positions near $3,365-$3,370 and long positions near $3,265-$3,270 [5][6] - The overall sentiment is that while gold may face short-term adjustments, the long-term outlook remains positive due to ongoing geopolitical risks and economic uncertainties [3][5]

Core Viewpoint - International gold prices have shown a rebound after hitting a low, indicating that bearish pressure is being consumed, and the market is expected to continue its upward trend [1][4][8]. Price Movement - On April 28, gold opened at $3324.92 per ounce, reached a high of $3352.81, and closed at $3343.98, marking a daily increase of $19.06 or 0.57% [1]. - Compared to the previous Friday's closing price of $3314.08, gold rose by $29.9, reflecting a 0.9% increase [2]. Market Influences - The decline of the US dollar index below the 99 mark and the drop in the 10-year US Treasury yield have provided support for gold prices [4]. - Ongoing trade concerns due to Trump's statements on tariffs and rising geopolitical risks have further propelled gold prices upward [4][8]. Technical Analysis - Monthly charts indicate that gold prices have experienced significant volatility but remain above a key upward trend line, suggesting potential for further gains [10]. - Weekly charts show a long upper shadow indicating potential for a pullback, but the overall trend remains bullish as long as prices stay above the 5-week moving average [11]. - Daily charts confirm that gold has rebounded from recent lows, with support levels strengthening, indicating a favorable outlook for future price increases [13]. Future Outlook - The market anticipates continued bullish momentum for gold, with expectations of testing the $3500 mark again [8][10]. - Upcoming economic data releases, including the FHFA house price index and consumer confidence index, may influence market sentiment and gold prices [6].

Group 1: Market Overview - The overall rare earth prices have declined due to weak demand expectations stemming from the trade war, while heavy rare earth prices remain stable due to export controls providing price support [1][3] - Copper prices increased by 1.15% to $9,360 per ton on LME, and 1.71% to ¥77,400 per ton on SHFE during the week [2] - Aluminum prices rose by 2.20% to $2,437.50 per ton on LME, and 1.70% to ¥20,000 per ton on SHFE [2] Group 2: Supply and Demand Dynamics - MP Materials, the only rare earth mine in the U.S., has ceased exports of rare earth concentrates to China, which may lead to a further contraction in global praseodymium and neodymium supply, supporting their prices [1][3] - The first quarter copper production of Anglo American Resources fell by 15% year-on-year to 168,900 tons, primarily due to a decline in Chilean output [2] - Domestic electrolytic aluminum ingot inventory decreased by 15,000 tons to 658,000 tons, indicating a slight reduction in supply [2] Group 3: Price Trends and Forecasts - Gold prices fell by 3.05% to $3,300.20 per ounce, influenced by economic uncertainties and geopolitical tensions [3] - Lithium carbonate average price decreased by 1.9% to ¥70,100 per ton, while lithium hydroxide average price fell by 0.31% to ¥74,100 per ton [5] - Nickel prices on LME increased by 0.9% to $15,880 per ton, supported by rising costs due to new regulations in Indonesia [6]