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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

2026-11-03 Morning Report: Precious Metals Strong in Night Session, Oil Plummets, Black Commodities Decline with Increased Positioning

Precious metals in the international night market drove gains, with Shanghai silver stabilizing above the next pivot R1 12065, which would signal strength; otherwise, it looks to S1 11613. Oil in the night session was dragged down by the plunge in international WTI INE.SC, positioned below the next pivot S1 711.3, with rebounds resisted by R1 755.8, continuing the weak trend. Black commodities declined with increased positioning; rebar settlement at 3019 is above the next pivot S1 2998; a break below would extend the decline.

修订稿

This report has been revised to incorporate late-arriving data or corrections.

Previous briefs

2026-11-03:Intl dailyCommodities Pre-Open Brief — 2026-11-03 View 2026-11-03:China daily2026-11-03 Morning Report: Precious Metals Strong in Night Session, Oil Plummets, Black Commodities Decline with Increased Positioning 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 2026-10-25:Intl dailyCommodities Pre-Open Brief 2026-10-25: WTI Backwardation Widens, Gold Tests 4015 View 2026-10-25:China daily2026-10-25 Morning Report: Black commodities under pressure, chemical night session leads gains, precious metals correct View

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