The U.S. dollar remains strong; gold ends four consecutive gains!

Hot spot tracking

• Waller, the governor of the Federal Reserve, expressed his preference to cut interest rates in December, saying that this move can be offensive or defensive. But it is also open to suspending interest rate cuts. Rate cuts are expected to continue in the coming year. Bearish for the dollar.

• The U.S. ISM manufacturing PMI recorded 48.4 in November, a new high since June 2024. U.S. construction spending recorded a monthly rate of 0.4% in October, the largest increase since April 2024. Bullish for USD.

• Israel and Lebanon have once again accused each other of violating the ceasefire agreement. Each carried out small-scale attacks. Bullish gold.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▼-0.63%1.04971.0496GBP/USD▼-0.60%1.265551.26543AUD/USD▼-0.54%0.647830.64762USD/JPY▲0.01%149.601149.547GBP/CAD▼-0.20%1.777151.77674NZD/CAD▼-0.06%0.826810.82615

• 📝 Review:On Monday, the U.S. dollar index opened higher and regained the 106 mark. It once rose to an intraday high of 106.72, and finally closed up 0.3% at 106.38. U.S. bond yields first rose and then fell. The two-year U.S. bond yield closed at 4.192%; the 10-year U.S. bond yield closed at 4.198%.

• 🕵️ Operation suggestion:USD/JPY 149.637 Sell Target Price 148.915

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▼-0.52%2638.712638.9Silver▼-0.55%30.48630.49

• 📝 Review:Spot gold fell on Monday as the U.S. dollar rebounded sharply. It once reached above the $2,650 mark in the U.S. market, and then gave back most of its gains. It finally closed down 0.45%, ending four consecutive days of slight gains, and was reported at US$2,638.57 per ounce; spot silver finally closed down by 0.33%, at US$30.50 per ounce.

• 🕵️ Operation suggestion:Gold 2642.34 Sell Target Price 2603.60

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲0.17%67.99868.019Brent Crude Oil▼-0.07%71.82371.845

• 📝 Review:Crude oil prices were steady on Monday. WTI crude oil was close to $69 during the session, and then quickly gave up all gains during the day and turned lower. The final price was the same as last Friday's closing price at US$68/barrel; Brent crude oil closed down 0.24% at US$71.83/barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 68.019 Sell Target Price 66.831

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲1.11%21191.4721179.83Dow Jones▼-0.32%44828.544816.2S&P 500▲0.20%6051.056050.25US Dollar Index▲0.55%106.24106.24

• 📝 Review:The major U.S. stock indexes were mixed, with the Dow Jones Industrial Average closing down 0.29%, the S&P 500 Index rising 0.24%, and the Nasdaq Composite Index rising 0.97%. Super Micro Computer (SMCI.O) rose 28%, Tesla (TSLA.O) rose 3.4%, and Meta Platforms (META.O) rose more than 3%. The Nasdaq China Golden Dragon Index closed up 0.98%, Xpeng Motors (XPEV.N) rose more than 5%, Douyu (DOYU.O) rose 11%, and Alibaba (BABA.N) fell 1.6%.

• 🕵️ Operation suggestion:Nasdaq 100 21178.210 Buy Target Price 21313.170

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-2.23%95440.195404.4Ethereum▼-2.86%3617.13616.2Dogecoin▼-4.78%0.421540.42218

• 📝 Review:Judging from the overall trend of the market, Bitcoin's market is obviously biased towards the short side. As of now, the price of Bitcoin has fallen below 95,300 points, and the weak callback shown on the daily chart has not yet touched 87,260 points. In this case, investors should reduce their long-term buying operations. The current Bitcoin market has changed from a long market to a short market, and investors should no longer be blindly bullish.

• 🕵️ Operation suggestion:BitCoin 95897.2 Buy Target Price 99510.4