Gold price plummeted by $40 during the day; U.S. stocks suffered a "critical hit"!

Hot spot tracking

• The annual rate of the US core PCE price index in September was 2.7%, higher than the expected 2.6% and the same as the previous value; the monthly rate of the US core PCE price index in September was 0.3%, in line with expectations and rebounded from 0.1% in the previous month. Bullish for the dollar.

• The PCE price index in September was 2.1% annually, in line with expectations. It was higher than the previous value of 2.2%, the lowest level since the beginning of 2021, and slightly above the Fed's 2% target. The monthly rate was 0.2%, in line with expectations and higher than the previous value of 0.1%. Bullish for the dollar.

• The initial jobless claims data in the United States fell last week, recording 216,000, lower than the expected 230,000. The previous value was revised from 227,000 to 228,000. Bullish for the dollar.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.23%1.088331.08823GBP/USD▼-0.50%1.289911.28965AUD/USD▲0.13%0.658370.6582USD/JPY▼-0.85%152.029152.062GBP/CAD▼-0.26%1.797141.79595NZD/CAD▲0.25%0.832470.83272

• 📝 Review:On Thursday, the US dollar index rose in the US market, but then fell rapidly and lost the 104 mark. It finally closed down 0.2% at 103.89. US bond yields fell slightly, with the benchmark 10-year US bond yield closing at 4.282%; the two-year US bond yield closed at 4.170%.

• 🕵️ Operation suggestion:USD/JPY 152.017 Sell Target Price 150.779

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▼-1.57%2743.852743.99Silver▼-3.26%32.64632.621

• 📝 Review:Spot gold plunged before the US market opened, falling more than $40 to an intraday low of $2,731.55. It then rebounded and eventually closed down 1.52% at $2,743.84 per ounce. Spot silver fell more than 3% during the day and eventually closed down 3.31% at $32.65 per ounce.

• 🕵️ Operation suggestion:Gold 2744.88 Sell Target Price 2714.86

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲2.03%70.26370.282Brent Crude Oil▲1.90%73.98674.015

• 📝 Review:Crude oil continued to rise as there were reports that Iran was preparing to launch an attack on Israel from Iraq in the coming days. WTI crude oil rose more than 2% during the day and stood above the $70 mark, and finally closed up 2.05% at $70.27 per barrel; Brent crude oil closed up 1.87% at $73.99 per barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 70.284 Buy Target Price 71.648

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▼-1.94%19933.0819965.06Dow Jones▼-0.80%41829.741805.1S&P 500▼-1.59%5709.855712.25▼0.00%17559.317559.3US Dollar Index▼-0.15%103.79103.76

• 📝 Review:The Dow Jones Industrial Average closed down 0.9%, the S&P 500 fell 1.86%, and the Nasdaq fell 2.76%. Invesco (NVDA.O) fell 4.7%, Trump Media & Technology Group (DJT.O) fell 11%, Microsoft (MSFT.O) fell 6%, and Intel (INTC.O) rose more than 15% after the market closed. Apple (AAPL.O) fell more than 1% after the market closed due to its quarterly net profit falling short of expectations. The Nasdaq China Golden Dragon Index closed down 1.3%, Li Auto (LI.O) plunged 13.5%, and NIO (NIO.N) fell nearly 5%.

• 🕵️ Operation suggestion:Nasdaq 100 19958.180 Sell Target Price 19712.613

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-3.53%69784.670337.2Ethereum▼-5.38%2514.12519.7Dogecoin▼-7.47%0.157150.16002

• 📝 Review:From the overall market performance, the price trend of Bitcoin shows a fierce competition between long and short parties, but there is no clear winner yet. As of now, the price of Bitcoin is still hovering below 72,800 points, mainly fluctuating around 72,500 points. There seems to be a lack of momentum for a breakthrough in the short term. At present, the Bitcoin market is only consolidating sideways at a high level, and there is no large-scale buying signal.

• 🕵️ Operation suggestion:BitCoin 70085.5 Buy Target Price 67561.4