{"id":10334,"date":"2026-08-26T17:44:02","date_gmt":"2026-08-26T07:44:02","guid":{"rendered":"https:\/\/www.amillex.com\/?p=10334"},"modified":"2026-08-26T17:44:05","modified_gmt":"2026-08-26T07:44:05","slug":"amillex-daily-market-commentary-gold-pulls-back-after-testing-key-resistance-oil-plunges-4-5-on-bearish-headwinds","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/ja\/2026\/08\/26\/amillex-daily-market-commentary-gold-pulls-back-after-testing-key-resistance-oil-plunges-4-5-on-bearish-headwinds\/","title":{"rendered":"Amillex Daily Market Commentary | Gold Pulls Back After Testing Key Resistance; Oil Plunges 4.5% on Bearish Headwinds"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"font-size:18px\">August 26, 2026 \u2014 Global commodity markets experienced severe volatility. In Wednesday\u2019s early Asian session, spot gold traded near $4,653\/oz. In the previous session, gold displayed strong bullish momentum, briefly spiking to $4,696.59\/oz to hit a fresh three-month high. However, as prices approached the $4,700 psychological barrier and a strong resistance zone, buying momentum waned, sparking profit-taking that led to a short-term pullback. Meanwhile, investors are closely assessing the U.S. Treasury\u2019s decision to double the scale of its long-term bond buyback operations. The interplay between market liquidity and safe-haven flows has heightened volatility in gold at elevated levels.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-2 wp-block-paragraph\" style=\"font-size:18px\">In contrast, energy markets faced concentrated selling pressure, with WTI crude oil tumbling over 4.55% on Tuesday. This sharp decline was primarily driven by a rapid unwind of the geopolitical risk premium: markets generally viewed the latest U.S. sanctions on Iran as lighter than expected, while reports of an imminent U.S.-Iran ceasefire directly eroded supply-side concerns. In the near term, if Middle Eastern tensions continue to ease, downside pressure on oil will remain significant. For gold, after absorbing Treasury policy shifts and resistance-level profit-taking, subsequent momentum will hinge on upcoming macroeconomic data and geopolitical developments.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-black-color has-text-color has-link-color wp-elements-3 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u8cc7\u7523\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u5206\u6790<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-4 wp-block-paragraph\" style=\"font-size:18px\"><strong>1. \u7c73\u56fd\u682a\u5f0f\u5e02\u5834<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-5 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 Index Performance<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-6 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u30c0\u30a6\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u5de5\u696d\u682a\u5e73\u5747 (DJI)\uff1a <\/strong>Closed at 53,582.37, up 160.02 points (+0.30%). The Dow held firm above the 53,500 level, reflecting sustained defensive demand for large-cap traditional value stocks with stable cash flows and reasonable valuations amid macro policy observation.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-7 wp-block-paragraph\" style=\"font-size:18px\"><strong>o S&amp;P 500 Index (SP500):<\/strong> Closed at 7,677.60, down marginally by 5.55 points (-0.07%). The index consolidated in a narrow range above 7,670 as market wait-and-see sentiment prevailed. Mild pullbacks in mega-cap heavyweights were balanced by capital inflows into defensive sectors.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-8 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u30ca\u30b9\u30c0\u30c3\u30af100\u6307\u6570\uff08NQ1!\uff09\uff1a <\/strong>Closed at 29,205.00, down 71.75 points (-0.25%). Impacted by valuation compression in high-multiple tech names, the Nasdaq experienced tactical profit-taking following its earlier rally, as capital demanded stricter earnings delivery within growth sectors.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 Stock Highlights<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-10 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u30c6\u30b9\u30e9\uff08TSLA\uff09\uff1a <\/strong>Traded at $350.25, up $1.30 (+0.37%). TSLA bucked the trend among growth stocks, holding comfortably above the $350 threshold as market focus on idiosyncratic company drivers outweighed macro $\\beta$ factors.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-11 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u30a4\u30f3\u30c6\u30eb (INTC): <\/strong>Traded at $87.48, up $0.22 (+0.25%). Supported by sector rotation within the semiconductor value chain, shares found solid buying near $87 to finish slightly higher.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-12 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u30a2\u30c3\u30d7\u30eb\uff08AAPL\uff09\uff1a <\/strong>Traded at $309.90, down $0.44 (-0.14%). AAPL consolidated near $310, maintaining a range-bound posture as a mega-cap defensive benchmark.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-13 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u30a2\u30de\u30be\u30f3 (AMZN) <\/strong>Traded at $261.06, down $1.01 (-0.39%). AMZN edged lower alongside broader e-commerce and cloud growth segments as short-term market sentiment turned cautious.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-14 wp-block-paragraph\" style=\"font-size:18px\"><strong>o Alphabet \/ Google-A (GOOG):<\/strong> Traded at $346.96, down $1.10 (-0.32%). Shares pulled back slightly above $346 under profit-taking pressure across the broader mega-cap tech space.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-15 wp-block-paragraph\" style=\"font-size:18px\"><strong>2. \u5916\u56fd\u70ba\u66ff\u5e02\u5834<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-16 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 U.S. Dollar Index (DXY): <\/strong>Traded at 98.906, flat intraday (+0.00%). With the Federal Reserve maintaining a neutral policy stance, the market lacked macroeconomic catalysts for a directional breakout, keeping the DXY anchored near 98.90 while major currency pair volatility compressed.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-17 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 EUR\/USD: <\/strong>Traded at 1.16752, up marginally by 0.02% (+0.00018). The Euro hovered quietly above 1.1670, bounded by a slowing Eurozone recovery and stable US-EU yield differentials.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-18 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 \u7c73\u30c9\u30eb\/\u5186: <\/strong>Traded at 159.236, up 0.02% (+0.032). The pair maintained a firm high-level consolidation above 159. Despite market vigilance over potential Bank of Japan policy shifts, wide interest rate differentials continue to limit Yen carry trade unwinding, keeping upside resistance intact.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-19 wp-block-paragraph\" style=\"font-size:18px\"><strong>3. \u8cb4\u91d1\u5c5e\u30fb\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-20 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u30fb\u8cb4\u91d1\u5c5e<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-21 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u30b9\u30dd\u30c3\u30c8\u91d1\uff08XAUUSD\uff09\uff1a<\/strong> Traded at $4,654.69\/oz, down $4.365 (-0.09%). Following its breakout, gold entered a technical consolidation phase, oscillating in a tight range above $4,650\/oz. Tail-risk geopolitical hedging and long-term de-dollarization trends continue to provide robust dip-buying support.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-22 wp-block-paragraph\" style=\"font-size:18px\"><strong>o \u73fe\u7269\u9280\uff08XAGUSD\uff09\uff1a <\/strong>Traded at $68.8092\/oz, up $0.13985 (+0.20%). Silver outperformed gold, consolidating steadily near $68.80\/oz supported by resilient industrial demand and inflation-hedging qualities.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-23 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 \u5546\u54c1<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-24 wp-block-paragraph\" style=\"font-size:18px\"><strong>o WTI Crude Oil (XTIUSD): <\/strong>Traded at $81.38\/bbl, down $0.22 (-0.27%). Oil paused after recent rallies, holding above $81\/bbl as the interplay between geopolitical risk premiums and real demand expectations kept short-term momentum subdued.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-25 wp-block-paragraph\" style=\"font-size:18px\"><strong>4. \u6697\u53f7\u8cc7\u7523\u3068\u30de\u30af\u30ed\u30c0\u30a4\u30ca\u30df\u30af\u30b9<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-26 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u2022 \u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08BTCUSD\uff09\uff1a <\/strong>Traded at $78,507, down $28 (-0.04%). BTC entered a low-volatility consolidation phase after pulling back from recent highs, with balanced supply and demand around $78,500. Neutral macro liquidity expectations limited near-term valuation expansion.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-27 wp-block-paragraph\" style=\"font-size:18px\"><strong>\u30fb\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\uff08ETHUSD\uff09\uff1a <\/strong>Traded at $2,440.89, down $1.66 (-0.07%). ETH mirrored the broader crypto consolidation, holding firm around the $2,440 key pivot level as the market awaits fresh macro liquidity signals.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-28 wp-block-paragraph\" style=\"font-size:18px\"><strong>5. \u672c\u65e5\u306e\u4e3b\u306a\u51fa\u6765\u4e8b<\/strong><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-29 wp-block-paragraph\" style=\"font-size:18px\">\u2022 U.S. Initial Jobless Claims<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>August 26, 2026 \u2014 Global commodity markets experienced severe volatility. In Wednesday\u2019s early Asian session, spot gold traded near $4,653\/oz. In the previous session, gold displayed strong bullish momentum, briefly spiking to $4,696.59\/oz to hit a fresh three-month high. However, as prices approached the $4,700 psychological barrier and a strong resistance zone, buying momentum waned, sparking profit-taking that led to a short-term pullback. Meanwhile, investors are closely assessing the U.S. Treasury\u2019s decision to double the scale of its long-term bond buyback operations. The interplay between market liquidity and safe-haven flows has heightened volatility in gold at elevated levels. In contrast, energy markets faced concentrated selling pressure, with WTI crude oil [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":10332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-10334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/10334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/comments?post=10334"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/10334\/revisions"}],"predecessor-version":[{"id":10335,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/10334\/revisions\/10335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media\/10332"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media?parent=10334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/categories?post=10334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/tags?post=10334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}