Gold rose by more than 1%; a major FED indicator flashed red again?

Hot spot tracking

• The number of initial jobless claims in the United States for the week ending October 19 was 227,000, the lowest since the week ending September 28, 2024.

• The volume of overnight reverse repurchase operations of the Federal Reserve is close to falling below 200 billion US dollars. This means that the fees charged by the Federal Reserve when lending money to commercial banks are reduced, which greatly relieves the pressure on commercial banks. Good for US financial liquidity and US stocks.

• Traders tend to believe that the ECB will cut interest rates by 50 basis points in December, which is bearish for the euro.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.42%1.082751.08281GBP/USD▲0.45%1.297651.29737AUD/USD▲0.06%0.664270.66432USD/JPY▼-0.57%151.819151.821GBP/CAD▲0.60%1.797711.7963NZD/CAD▲0.32%0.833110.83307

• 📝 Review:On Thursday, the US dollar index fell back and fell to around the 104 mark. It finally closed down 0.38% at 104.02. The US Treasury yield also fell, with the benchmark 10-year US Treasury yield closing at 4.2170%; the two-year US Treasury yield closed at 4.0920%.

• 🕵️ Operation suggestion:USD/JPY 151.814 Buy Target Price 152.915

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.72%2735.892735.53Silver▼-0.03%33.65533.644

• 📝 Review:Spot gold once rose by more than 1%, but was blocked near the 2740 mark and fell back. It finally closed up 0.75% at $2735.77 per ounce. Spot silver fell sharply during the US trading session, erasing all intraday gains and turning down, and finally closed down 0.07% at $33.66 per ounce.

• 🕵️ Operation suggestion:Gold 2733.12 Buy Target Price 2759.38

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▼-1.00%70.23370.235Brent Crude Oil▼-0.92%74.20574.218

• 📝 Review:It was reported that the United States and Israel would try to restart the ceasefire negotiations in Gaza, and crude oil fell nearly 1%. WTI crude oil once rose to an intraday high of $72.20 before the U.S. market, and then gave up all the gains and turned down. It finally closed down 0.99% at $70.22 per barrel; Brent crude oil closed down 0.91% at $74.22 per barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 70.550 Sell Target Price 69.001

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲0.58%2026520247.95Dow Jones▼-0.11%42418.942402.3S&P 500▲0.18%5815.855813.35▼0.00%17559.317559.3US Dollar Index▼-0.40%103.88103.9

• 📝 Review:The Dow Jones Industrial Average closed down 0.33%, the S&P 500 rose 0.21%, and the Nasdaq rose 0.76%. Tesla (TSLA.O) rose 21.9%, the best single-day gain since May 2013, and its market value increased by about $150 billion. IBM (IBM.N) fell more than 6%, and Nvidia (NVDA.O) rose 0.6%. The Nasdaq China Golden Dragon Index closed down 0.8%, Alibaba (BABA.N) fell 1.7%, Zai Lab (ZLAB.O) rose 14%, and Xpeng Motors (XPEV.N) fell 6%.

• 🕵️ Operation suggestion:Nasdaq 100 20245.200 Sell Target Price 19930.273

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲2.69%68110.368287.6Ethereum▲1.33%2533.22534.9Dogecoin▲2.57%0.141360.14143

• 📝 Review:From the overall market trend, the market of Bitcoin shows that the bull market has the upper hand. As of now, the price of Bitcoin is below 67,800 points. The 30-minute consolidation divergence last night triggered a 4-hour decline, but it has stopped falling. To determine whether Bitcoin can continue its upward trend today, we need to pay attention to whether the 30-minute center will be upgraded, and whether it can break through the center range before upgrading.

• 🕵️ Operation suggestion:BitCoin 68109.4 Buy Target Price 69488.8