Da Tian Global: Suggestions for Spot Gold Operations2026-11-04

　　goods in stockgoldOverview of the current market situation:

　　受到美债收益率持续高位的影响下，国际黄金价格在上周五大幅下挫，不过随着地缘局势缓和的信号，油价回落成功帮助黄金止跌。自2月末冲突爆发以来，油价与利率预期之间的联动一直是驱动黄金价格的核心因素，黄金往往与油价走势反向运行。能源成本走高会加剧通胀压力，促使各国央行，尤其是美联储，维持高利率，或是进一步收紧货币政策。

Da Tian Global0Sliding Point Limited Price Trading Platform,Loss controllable,Guaranteed interests ：202.hk/zhuanti/ppc_v1.html?c=812

　　大田环球现货黄金参考新闻：Federal Reserve9Monthly interest rate increase25Basis points,10月暂停加息，同时重申致力于实现物价稳定，这为后续进一步加息留下空间。CME美联储观察工具显示，12The probability of a monthly interest rate hike is75%。中东局势不确定性、油价剧烈震荡以及美联储偏鹰的政策预期，持续为美元提供支撑，尽管美元已从近期高点小幅回落，这又给黄金带来另一重下行压力，美国劳动力数据好于预期，进一步利好美元，9monthJOLTS职位空缺数升至752.3万，高于前值719万，也超出市场预期的713Ten thousand.

　　Today's spot gold market follows:

United States10monthADPChanges in employment numbers;

United States9Monthly trade account;

　　美国财政部发布季度再融资公告。

　　Special reminder from Datian Global:日内的市场基本面虽然并不算特别活跃，但是晚间将会有相当重要的经济指标公布，那就是素有小非农之称的ADP数据，这会对周尾的非农提前预热，能够反映出美国劳动力市场的状况，从而对年底的降息预期进一步阐述影响，因此关键程度非常高。

From spot gold4小时图看，经历了周初的延续弱势后，金价开始大幅反弹并逐步企稳3900大关上方，不过目前底部形态尚未成熟，重点在于能否进一步突破3970附近的关键顶底转换，另外还需结合周尾非农指标的状况。现阶段短期均线组整体仍偏往下施压，MACD指标虽然形成金叉，但处于0轴下方较低位置，因此操作方面建议保持高抛低吸为主更为稳健。

　　Pressure:3940-3950-3960

　　Support:3925-3910-3900

　　Suggestions for today's spot gold market operation:

　　3937-3938Look at the range, target3931-3925, Risk control4USD.

　　3923-3924From the perspective of range, target3930-3936, Risk control4USD.

Upper laceration3945Look up, goal3950-3955, Risk control4USD.

Downburst3918Look down, goal3913-3908, Risk control4USD.

　　3956-3957Look at the range, target3951-3946, Risk control4USD.

　　3906-3907From the perspective of range, target3912-3917, Risk control4USD.

Upper laceration3962Look up, goal3967-3972, Risk control4USD.

Downburst3900Look down, goal3895-3890, Risk control4USD.

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