本レポート提供元 MacroTerms.com

データ基準日: 2026-10-07 · 決済基準: 取引所最終日次決済価格

XAU=F (XAU=F) Deep Dive | Gold Rebound on Oversold Technicals | 2026-10-08

We maintain a bullish bias on XAU=F (XAU=F) with a target above the 4165 resistance, contingent on holding the 4061 support. The primary drivers are a technical oversold condition following a sharp 20-day decline, a supportive gold-silver ratio at a 1-year high, and a macro backdrop where real yields are peaking. While the spot price has retreated to $4,110.68 (settle 10-07), the asset remains structurally attractive for a mean-reversion trade. The invalidation level is a sustained break below the 4012 support zone, which would signal further downside momentum. This call is based on the convergence of technical exhaustion and relative value opportunities, rather than immediate fundamental shifts in physical demand.