黄金XAU/USD 昨日回顾与ETO Markets观点：周四黄金在亚欧盘震荡上行至61.8%黄金分割位后回落，H4周期形成看跌吞没形态，美盘创3722新低后回升，全天波幅398 点，日线收带上下影线小阳线。当前市场聚焦美联储降息路径与地缘政治博弈，金价处于多空拉锯状态。 关键点位与操作建议：上方阻力3757-3760，下方支撑3722-3717，今日以触及阻力/支撑位入场为主——阻力区做空（止损3760，目标70-100点），支撑区做 多（止损3717，目标70-100点）。 三色线策略：H1趋势线维持绿色，昨日3748空单盈利100点离场，今日继续结合M5模型操作。 欧元EUR/USD 三色线策略：H1趋势线绿色，昨日1.3467空单盈利，今日沿用M5模型操作。 镑日GBP/JPY 关键点位与操作建议：上方阻力1.174/1.178，下方支撑1.156/1.161，今日1.171-1.170区域做空（止损1.175，目标30-50点）。 三色线策略：H1趋势线绿色，昨日1.1754空单达成盈利目标，今日参考M5模型短线交易。 英镑GBP/USD 昨日回顾与ETO Markets观点：周四英镑受英国CBI零 ...

Market Overview - On September 3, the Shanghai Composite Index fell by 1.16%, while the Shenzhen Component Index decreased by 0.65%, and the ChiNext Index rose by 0.95%[4] - The total trading volume in both markets exceeded 2.36 trillion yuan, showing a significant decline compared to previous sessions[1] - Since April 7, the Shanghai Composite Index has seen a maximum increase of nearly 28%, while the ChiNext Index has surged over 69%[1] Sector Performance - Key sectors that performed well include fourth-generation semiconductors, photovoltaic equipment, gaming, precious metals, and biopharmaceuticals, indicating strong capital inflow into these areas[1][2] - Conversely, sectors such as aerospace, shipbuilding, small metals, securities, communication services, and diversified finance experienced adjustments[1] Capital Flow - On September 3, the Shanghai Stock Exchange saw a net outflow of 20.649 billion yuan, while the Shenzhen Stock Exchange recorded a net inflow of 5.467 billion yuan[5] - The top three sectors for capital inflow were communication equipment, IT services, and photovoltaic equipment, while the sectors with the highest outflow were securities, software development, and aerospace equipment[5] Gold Market - Domestic gold jewelry prices have surpassed 1,050 yuan per gram, with international gold prices reaching a historical high of 3,546.92 USD per ounce[6] - The recent rise in gold prices has made it a safe haven for investors amid expectations of interest rate cuts by the Federal Reserve[3] Fundraising Trends - In September, there are 124 new fund launches planned, with 85 being equity funds, accounting for nearly 70% of the total[15] - The enthusiasm for new fund launches is attributed to strong market performance and supportive policies, with equity fund indices reaching near three-year highs and a 50% increase over the past year[15]

Group 1: XAU/USD Gold - The gold market showed support after a pullback to the H1 trend line, with a daily close forming a small bullish candle, indicating a continuation of the bullish trend, but caution is advised regarding potential monthly trend reversals [1] - Key support levels are identified at 3378 (23.6% Fibonacci retracement) and 3365 (38.2% Fibonacci retracement) [1] - Suggested trading strategy includes buying near 3374 with a target profit of 60-80 points and a stop loss at 3368 [3] Group 2: EUR/USD Euro - The EUR/USD pair faced downward pressure due to deteriorating consumer confidence in Germany and political risks in France, with a daily close forming a bearish candle [7] - Key resistance levels are at 1.169 and 1.174, while support levels are at 1.153 and 1.157 [9] - Recommended strategy involves shorting near 1.166/1.165 with a target profit of 30-50 points and a stop loss at 1.170 [9] Group 3: GBP/USD Pound - The GBP/USD pair experienced a V-shaped rebound supported by ambiguous expectations of a rate cut from the Bank of England, closing with a bullish candle [12] - Key resistance levels are at 1.358 and 1.363, with support levels at 1.339 and 1.344 [14] - Suggested trading strategy includes buying near 1.348/1.347 with a target profit of 30-50 points and a stop loss at 1.342 [14] Group 4: GBP/JPY Pound-Yen - The GBP/JPY pair showed sideways movement with a daily range of 59 points, forming a small bullish candle, indicating a consolidation phase [17] - Key resistance levels are at 200.3 and 199.5, while support levels are at 197.9 and 197.3 [19] - The strategy suggests waiting for a clear direction before entering trades [19]

Group 1: Fundamental Analysis - The Federal Reserve's policy shows increasing division among officials, with some advocating for only one rate cut this year while others see no urgent need for cuts due to inflation concerns [2][3] - Market expectations for a September rate cut have decreased from 92% to 74%, with the anticipated total rate cut by year-end reduced from 54 basis points to 49 basis points, primarily due to recent inflation data and cautious statements from officials [3] - Recent U.S. economic data presents a mixed picture, with rising unemployment claims and weak manufacturing activity suggesting labor market risks, which may boost gold's appeal as a safe-haven asset [4][5] Group 2: Geopolitical Risks - Ongoing geopolitical tensions, particularly the Russia-Ukraine conflict, continue to support gold prices, as there are no signs of a quick resolution [7] - The U.S. has imposed new sanctions on Iran, affecting multiple entities and vessels, which adds to the geopolitical uncertainty [8] - The limited scope of tariff reductions in the U.S.-EU trade agreement may drive more funds into gold due to global uncertainties [9] Group 3: Technical Analysis - The gold market is currently in a high-level consolidation phase following a peak of 3500 in April, with a clear triangular convergence pattern forming, indicating potential volatility ahead [11] - Key support and resistance levels for gold are identified, with support at approximately 3315 and resistance at around 3384 [11] - In the four-hour timeframe, the market remains in a downward trend until the previous high of 3409 is breached, with critical levels to watch being 3311 for support and 3352 for resistance [13]

Group 1 - Gold prices are currently trading around $3,339 per ounce, with a recent high of $3,352 and a low of $3,336, reflecting a decline of approximately 0.26% [1] - After stabilizing in the support range of $3,308-$3,315, gold prices rebounded by about $40, aligning with technical expectations, but the upward momentum appears limited in the short term [3] - The recent earnings report from Home Depot highlights increased import costs due to U.S. tariff policies, leading to price hikes on some products and a downward adjustment in net profit for Q2 and EPS for the year [3] Group 2 - The furniture and home goods import value in the U.S. exceeded $10 billion in Q1, with tariffs exacerbating cost pressures for companies, which may eventually lead to higher consumer prices [3] - The technical outlook for gold indicates that after a significant rise, further upward movement requires a breakthrough in the $3,358-$3,360 range, with stronger resistance at $3,370-$3,375 [4] - Key support levels for gold are identified at $3,330 and $3,320, with the market currently in a consolidation phase, necessitating close monitoring of the $3,330-$3,360 range for potential breakout signals [4]

Group 1: Gold Market Analysis - The international spot gold price opened at $3316.24, reaching a high of $3333.89 and a low of $3307.79, closing at $3326.38, an increase of $11.60 or 0.35% [1] - The gold price is currently supported by monthly and quarterly lines, indicating potential for a rebound after a recent break [5] - Despite the strengthening US dollar, gold and other precious metals have shown resilience, suggesting a possible short-term reaction to technical support levels [5][8] Group 2: US Dollar Index Performance - The US dollar index opened at 98.64 points, peaked at 99.13 points, and closed at 98.90 points, up 250 points or 0.25%, marking a five-week high [3] - The dollar's strength is expected to exert increasing pressure on gold and commodity prices, testing their technical support levels [8] Group 3: Precious Metals Overview - The Wellxin precious metals index opened at 6995.28 points, with a high of 7046.05 points and a low of 6943.15 points, closing at 7023.70 points, an increase of 32.77 points or 0.47% [4] - Silver, platinum, and palladium prices also saw increases, with silver up 0.10% to $38.18, platinum up 0.60% to $1395.20, and palladium up 1.69% to $1254.50 [5] Group 4: Oil Market Dynamics - NYMEX crude oil prices increased significantly, with a rise of 2.94% on Monday and 3.39% on Tuesday, despite the strong dollar [8] - The current oil price dynamics suggest a potential bottoming out, with the market showing signs of resilience against the backdrop of inflation concerns [10][12] Group 5: Hedge Fund Positioning in Oil - The total market value of open contracts in NYMEX crude oil futures is $2635.40 billion, with hedge fund positions significantly reduced compared to previous years [15] - Hedge funds' net positions in the oil market are at a ten-year low, indicating limited capacity to exert downward pressure on oil prices [16]