Da Tian Global: Suggestions for Spot Gold Operations2025-10-22

　　goods in stockgoldOverview of the current market situation:

　　虽然近期国际黄金的波动比较剧烈，短期也出现过几次明显的高位回落，但投资者还是相当看好其后市的上涨前景，因为目前依然存在诸多不确定因素。市场对美国政府长期停摆拖累经济表现的担忧升温，美国参议院第11次否决政府重启提案，停摆周期延续至第三周，两党僵局仍未打破，特朗普指责反对党阻碍非法移民管控措施推进。

Hong Kong's top ten pension company, Datian Global Zero slip point low point difference:202.hk/zhuanti/cpc_v1.html?c=812

　　大田环球现货黄金参考新闻：美联储的货币政策动向一直是黄金价格的重要风向标。在当前经济环境下，市场对美联储降息的押注如火如荼，推动金价屡创新高。根据芝加哥商品交易所的“美联储观察”工具，投资者几乎笃定美联储将在10Interest rate reduction at monthly meetings25个基点，概率高达96.3%, and12月至少再降息25个基点的概率更是升至99.6%, of which12月再降息50The probability of a basis point increase to14.6%。

　　Today's spot gold market follows:

United States9Initial monthly construction permit rate;

United States9Monthly annualized rate of new housing starts;

United States9Monthly industrial output rate;

　　美联储理事巴尔就"金融包容性"Give a speech.

　　Special reminder from Datian Global:日内的市场基本面其实比较平淡，几乎没有重要的经济数据公布，只有美联储官员的讲话值得稍加关注，但近期的风险事件实际上已经足以持续影响金融市场，尤其是贸易摩擦和地缘政治局势就一直提供了大量的避险情绪。

　　从现货黄金日线图看，昨天金价在触及历史高位附件后再次快速回落，近期的行情波动可谓相当激烈，结构上也形成了阴包阳形态，不排除后市还会进一步修正的空间。目前短期均线MA5已失守，下一步将会寻求MA10的支撑，在美国的就业数据和通胀指标出炉之前，预计上涨的节奏会暂时有所放缓。

From spot gold4小时图看，经过昨晚美盘时段的大幅下行后，目前金价已经构成了双顶形态的迹象，一旦突破4188附近的关键性支撑，将会大幅打开下方的空间，届时或许会考验4000大关。现阶段短期均线组正加速拐头向下，后市会提供明显的压力，而且MACD指标也形成了死叉并往0轴靠近，因此操作方面建议短线调整为逢高做空。

　　Pressure:4120-4130-4140

　　Support:4105-4105-4090

　　Suggestions for today's spot gold market operation:

　　4119-4120Look at the range, target4113-4107, Risk control4USD.

　　4105-4106From the perspective of range, target4112-4118, Risk control4USD.

Upper laceration4125Look up, goal4130-4135, Risk control4USD.

Downburst4100Look down, goal4095-4090, Risk control4USD.

　　4136-4137Look at the range, target4131-4126, Risk control4USD.

　　4088-4089From the perspective of range, target4094-4099, Risk control4USD.

Upper laceration4142Look up, goal4147-4152, Risk control4USD.

Downburst4082Look down, goal4077-4072, Risk control4USD.

The two goals are to stop the profit step by step and increase the profit.

　　Da Tian Global Warm Reminder:Strategic recommendations are for reference only, there are risks involved in entering the market, and investment needs to be cautious.