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2026-11-05 10:20:26

【Spot Gold: Oscillating Downward, Sell on Rallies】 (1) Reasons for Analysis: The Democratic victory suppressed the US dollar, and the gold price rebounded sharply to around 4125. However, the expectation of a Fed rate hike in December is still high, and the rise is constrained. After the short-term bullish momentum is released, there is a need for a pullback. Overall, it is a correction in a downtrend. We are waiting for the US non-farm payroll data to be released. (2) Key Focus: US Treasury yield, US dollar index, geopolitical situation, US non-farm payroll data (3) Resistance: 4150, 4200, 4230 (4) Support: 4100, 4060, 4000;

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4044.09

-44.71

(-1.09%)

XAG

51.517

-0.268

(-0.52%)

CONC

91.48

0.96

(1.06%)

OILC

99.65

0.52

(0.52%)

USD

101.760

0.167

(0.16%)

EURUSD

1.1197

-0.0021

(-0.19%)

GBPUSD

1.3430

-0.0018

(-0.13%)

USDCNH

6.6664

0.0018

(0.03%)

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