☀️ Morning Market Briefing｜2026.10.08 Thursday
🟡 Gold｜XAUUSD
Spot: $4,118.27/oz
Gold plunged about $53 yesterday, touching a low of 4,066 before rebounding to around 4,118 this morning. RSI is around 30, entering oversold territory, while the MACD histogram is expanding. Support: 4,100/4,066/4,000; resistance: 4,150/4,180. If 4,100 holds, watch 4,150–4,180; if it breaks, keep an eye on 4,066 and 4,000.
🛢️ Crude Oil｜WTI / Brent
WTI: $88.28/barrel; Brent: $100.20/barrel｜10/7 close
The IEA is accelerating the release of strategic petroleum reserves, putting pressure on oil prices. WTI support: 87/85; for Brent, watch 98/95. Middle East tensions continue to provide some support. In the short term, the bearish impact of reserve releases is prevailing.
₿ Cryptocurrency｜Latest on Binance
BTC 83,381 (-2.40%)
ETH 2,581 (-4.14%)
BNB 774.97 (-0.49%)
SOL 116.69 (-3.06%)
Total crypto market cap: about $2.84 trillion; Fear & Greed Index: 60｜Neutral. 24-hour trading volume is about $106.8 billion, with volatility rising significantly. BTC support: 83,000/82,000/80,000; resistance: 85,000/86,000.
📌 Today's events to watch
• 09:30 First A-share trading day after the National Day holiday
• 20:30 U.S. initial jobless claims
• Fed officials' speeches
• U.S. CPI this week
• IEA reserve releases and Middle East tensions
In a nutshell: Treasury yields and rate hike expectations are weighing on gold and crypto. Gold is clinging to 4,100, WTI has fallen to around 88, and BTC has retreated to 83,400. Today's key things to watch are the A-share open, employment data, and Fed remarks.
For market reference only; this is not investment advice.
🟡 Gold｜XAUUSD
Spot: $4,118.27/oz
Gold plunged about $53 yesterday, touching a low of 4,066 before rebounding to around 4,118 this morning. RSI is around 30, entering oversold territory, while the MACD histogram is expanding. Support: 4,100/4,066/4,000; resistance: 4,150/4,180. If 4,100 holds, watch 4,150–4,180; if it breaks, keep an eye on 4,066 and 4,000.
🛢️ Crude Oil｜WTI / Brent
WTI: $88.28/barrel; Brent: $100.20/barrel｜10/7 close
The IEA is accelerating the release of strategic petroleum reserves, putting pressure on oil prices. WTI support: 87/85; for Brent, watch 98/95. Middle East tensions continue to provide some support. In the short term, the bearish impact of reserve releases is prevailing.
₿ Cryptocurrency｜Latest on Binance
BTC 83,381 (-2.40%)
ETH 2,581 (-4.14%)
BNB 774.97 (-0.49%)
SOL 116.69 (-3.06%)
Total crypto market cap: about $2.84 trillion; Fear & Greed Index: 60｜Neutral. 24-hour trading volume is about $106.8 billion, with volatility rising significantly. BTC support: 83,000/82,000/80,000; resistance: 85,000/86,000.
📌 Today's events to watch
• 09:30 First A-share trading day after the National Day holiday
• 20:30 U.S. initial jobless claims
• Fed officials' speeches
• U.S. CPI this week
• IEA reserve releases and Middle East tensions
In a nutshell: Treasury yields and rate hike expectations are weighing on gold and crypto. Gold is clinging to 4,100, WTI has fallen to around 88, and BTC has retreated to 83,400. Today's key things to watch are the A-share open, employment data, and Fed remarks.
For market reference only; this is not investment advice.