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📅 2026-11-04 · Algo brief · 18:00 ET (prev day)

This report is provided by MacroTerms.com

Data as of: 2026-11-04 · Settlement: Exchange final daily settlement
Generated: 2026-11-04 07:10:30 · Benchmark settle: 2026-11-03
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions

Commodities Pre-Open Brief 2026-11-04

1) Silver broke down to 49.753 (settle 11-03, -2.23% d/d) with 5D -8.73% and 20D -19.22%; the 20D range floor at 48.62 is the next support to watch.
2) WTI settled 96.76 (settle 11-03, +0.31% d/d) but 5D -3.14%; Asia at 104.42 is a partial-session artifact flagged as a possible wrong-month roll.
3) Gold held 3940.4 (settle 11-03, -0.74% d/d) with managed money adding net length into the decline — a divergence that caps downside but needs a break above 3980.03 (NEXT R1) to confirm.

Previous briefs

2026-11-04:Intl dailyCommodities Pre-Open Brief 2026-11-04 Current 2026-11-04:China dailyChina Futures Morning Report 2026-11-04: Oil Plummets and Black Commodities Decline with Increased Positions, Methanol and Industrial Silicon Settlement Delayed View 2026-11-03:Intl dailyCommodities Pre-Open Brief — 2026-11-03 View 2026-11-03:China dailyChina Futures Morning Brief for November 3, 2026 View 2026-11-02:Intl daily2026-11-02 Market Research View 2026-11-02:China daily2026-11-02 China Futures Morning Report View 2026-11-01:Intl dailyCommodities Pre-Open Brief 2026-11-01: Gold Settle 3898.9, WTI Settle 104.12 View 2026-11-01:China daily2026-11-01 Morning Report: Precious Metals Under Pressure, Black Commodities Dominated by Short Positions, Chemical Sector Continues to Bounce View 2026-10-31:Intl dailyCommodities Pre-Open Brief — 2026-10-31 View 2026-10-31:China daily2026-10-31 Morning Report: Black Metal Under Pressure, Divergence in Chemicals and Precious Metals View 2026-10-30:Intl dailyCommodities Pre-Open Brief 2026-10-30 View 2026-10-30:China daily2026-10-30 Morning Report: Shanghai Silver Breaks Position, Shorts Dominate; Black Commodities Reduce Positions and Repair View 2026-10-29:Intl dailyCommodities Pre-Open Brief 2026-10-29: Gold Steadies, WTI Holds Gains, Asia Bounces View 2026-10-29:China daily2026-10-29 Morning Report: Foreign markets surge, domestic differentiation, black commodities under pressure, chemical sector strong View 2026-10-28:Intl dailyCommodities Pre-Open Brief — 2026-10-28 View 2026-10-28:China daily2026-10-28 Morning Report: Chemical rebound continues, black commodities under pressure and oscillating View 2026-10-27:Intl dailyCommodities Pre-Open Brief 2026-10-27 View 2026-10-27:China dailyMethanol breaks above 20-day high, gold on Shanghai futures under pressure View 2026-10-26:Intl dailyCommodities Pre-Open | 2026-10-26 | WTI Breakout Bias View 2026-10-26:China daily2026-10-26 China Futures Morning Brief View

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