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📅 2026-11-03 · Algo brief · 18:00 ET (prev day)

This report is provided by MacroTerms.com

Data as of: 2026-11-03 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)
Generated: 2026-11-03 07:11:37 · Benchmark settle: 2026-11-02
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions

China Futures Morning Brief for November 3, 2026

Core Points 1. Shanghai gold night session rebound failed, only one step away from the next pivot S1 at 828.75; a break below will target the near 20-day low of 820. If it rebounds and stabilizes above R1 at 847.03, the judgment is invalidated.
2. Shanghai silver night session surged over 3%, but remains below the next pivot S1 at 11613. A break below will accelerate the drop to the 11500 level; monitor USD index and overnight gold cues.
3. Chemical commodities such as methanol and polypropylene continued to rise with increasing open interest, closing near the next pivot R1 in the night session. Short-term bulls need to watch the risk of S1 at 3493.67 failing on a pullback.

Previous briefs

2026-11-04:Intl dailyCommodities Pre-Open Brief 2026-11-04 View 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 Current 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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