Breakthrough again! Gold breaks through $2530 to set a new record high!

Hot spot tracking

• Goldman Sachs: The U.S. Bureau of Labor Statistics' annual (12 months ending March) revision on Wednesday is likely to revise down non-farm payrolls by 600,000 to 1 million. Bearish for the U.S. economy and the dollar.

• The Riksbank resumed interest rate cuts, lowering the benchmark interest rate from 3.75% to 3.50%. Bearish for the Swedish krona.

• Canada's inflation fell to a more than three-year low in July, and expectations for a rate cut in September have increased. The expectations are bearish for the Canadian dollar.

Product Hot Comment

• Forex

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  EUR/USD	▲0.11%	1.10971	1.11285
  GBP/USD	▲0.21%	1.30159	1.30333
  AUD/USD	▲0.14%	0.67428	0.6747
  USD/JPY	▼-0.45%	145.924	145.125
  GBP/CAD	▲0.23%	1.77441	1.77508
  NZD/CAD	▲0.55%	0.83755	0.83804

  📝 Review:On Tuesday, the US dollar index continued to fall. It finally closed down 0.484% at 101.37, hitting a new low since January this year. The US Treasury yields fell, with the benchmark 10-year US Treasury yield closing at 3.81%; the two-year US Treasury yield fell below the 4% mark and finally closed at 3.992%.

  🕵️ Operation suggestion:

  USD/JPY 147.910  Sell  Target Price  145.120

  
  

• Gold

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Gold	▲0.88%	2525.75	2513.84
  Silver	▲0.65%	29.611	29.421

  📝 Review:Spot gold continued its record-breaking rally as investors gained confidence that the Federal Reserve might cut interest rates in September and gold ETF purchases improved. The U.S. market hit a record high of $2,531.6 per ounce, then narrowed its gains and eventually closed up 0.39% at $2,514.02 per ounce. Spot silver fell back after rising, and eventually closed down 0.03% at $29.44 per ounce.

  🕵️ Operation suggestion:

  Gold 2503.32  Buy  Target Price  2522.58

  
  

• Crude Oil

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  WTI Crude Oil	▲0.41%	74.035	72.974
  Brent Crude Oil	▲0.35%	77.634	76.652

  📝 Review:International oil prices fell to a two-week low, as concerns about Asian demand and hopes for a ceasefire in Gaza triggered a sell-off in the oil market. WTI crude oil fell below the $73 mark and eventually closed down 1.03% at $72.99 per barrel; Brent crude oil eventually closed down 0.94% at $76.65 per barrel.

  🕵️ Operation suggestion:

  WTI Crude Oil 75.248  Sell  Target Price  73.124

  
  

• Indice

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Nasdaq 100	▼-0.24%	19733.2	19709.95
  Dow Jones	▼-0.16%	40842.1	40861.2
  S&P 500	▼-0.11%	5601.95	5597.65
  	▼0.00%	17559.3	17559.3
  US Dollar Index	▼-0.20%	101.43	101.15

  📝 Review:The three major U.S. stock indexes closed down collectively, with the Dow Jones Industrial Average down 0.15%, the S&P 500 down 0.2%, and the Nasdaq down 0.3%. Nvidia (NVDA.O) fell 2%, and Apple (AAPL.O) rose 0.3%. The Nasdaq China Golden Dragon Index closed down 3.95%, Alibaba (BABA.N) fell 3.4%, Xpeng Motors (XPEV.N) fell nearly 6%, and iQiyi (IQ.O) fell 7.5%.

  🕵️ Operation suggestion:

  Nasdaq 100 19576.450  Buy  Target Price  19920.745

  
  

• Crypto

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  BitCoin	▲1.98%	60106.6	59288.2
  Ethereum	▼-0.07%	2613.4	2582.9
  Dogecoin	▲3.51%	0.10379	0.10321

  📝 Review:Comprehensive market dynamics analysis shows that the Bitcoin market currently shows strong buyer momentum. At the end of yesterday's trading, the price of Bitcoin was slightly below the $61,000 mark. It is worth noting that today's daily candlestick chart has once again broken through the key 233-day moving average. If Bitcoin can continue to stabilize above the 233-day moving average, the market generally expects its price to challenge the important resistance level of $70,000.

  🕵️ Operation suggestion:

  BitCoin 58353.8  Sell  Target Price  57054.7