Gold Price Plummets by $65; Funds Flee Gold ETFs!

Hot spot tracking

• Kim Jong-un ratified the "North Korea-Russia Comprehensive Strategic Partnership Treaty". Bullish for crude oil.

• The Iranian bank payment system will be officially connected with the Russian bank payment system. Bearish for the dollar.

• Trump seeks candidates for financial institutions to support cryptocurrencies. Bullish for cryptocurrencies.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▼-0.50%1.065621.0656GBP/USD▼-0.33%1.286881.28695AUD/USD▼-0.07%0.657810.65775USD/JPY▲0.67%153.724153.724GBP/CAD▼-0.18%1.791851.79111NZD/CAD▲0.11%0.830220.82997

• 📝 Review:On Monday, the U.S. dollar index hit another four-month high, hitting an intraday high of 105.709. It finally closed up 0.524% at 105.5. U.S. bond markets were closed for Veterans Day.

• 🕵️ Operation suggestion:USD/JPY 153.505 Buy Target Price 154.542

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▼-2.47%2619.342619.06Silver▼-1.84%30.66930.665

• 📝 Review:Spot gold fell by $65 during the day under the pressure of the U.S. dollar's continued rebound and investors continuing to take profits. It once approached the US$2,610 mark, and finally closed down 2.39% at US$2,619.53 per ounce. Spot silver finally closed down 1.91% at $30.69 per ounce.

• 🕵️ Operation suggestion:Gold 2623.52 Sell Target Price 2592.27

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▼-2.88%68.0168.042Brent Crude Oil▼-2.55%71.79171.826

• 📝 Review:In view of the hope for a ceasefire between Lebanon and Israel and the pressure from the strong US dollar, international crude oil continued to correct. WTI crude oil finally closed down 3.12% at US$68.04/barrel; Brent crude oil closed down 2.72% at US$71.83/barrel. U.S. natural gas futures soared 9% during the day; benchmark natural gas spot prices at Louisiana's Henry Center plummeted to a 25-year low.

• 🕵️ Operation suggestion:WTI Crude Oil 68.064 Sell Target Price 66.623

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▼-0.34%21117.8221125.95Dow Jones▲0.56%4432444296.1S&P 500▼-0.11%6002.456000.95▼0.00%17559.317559.3US Dollar Index▲0.45%105.29105.28

• 📝 Review:The Dow Jones Industrial Average closed up 0.69%, the S&P 500 Index rose 0.1%, and the Nasdaq Composite Index rose 0.06%. Cryptocurrency concept stocks rose sharply, with Canaan Technology (CAN.O) rising 41%, MicroStrategy (MSTR.O) rising 25%, Coinbase (COIN.O) rising 19%, and Trump Media Technology Group (DJT.O) rising 4.7%. Nvidia (NVDA.O) fell 1.6% and Tesla (TSLA.O) rose 8.9%. The Nasdaq China Golden Dragon Index closed up 0.6%.

• 🕵️ Operation suggestion:Nasdaq 100 21122.200 Buy Target Price 21280.470

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲9.05%8796488071.6Ethereum▲4.36%3323.53342.2Dogecoin▲19.26%0.330880.32729

• 📝 Review:Judging from the overall market trend, Bitcoins bull market remains strong. As of the time of listing, the price of Bitcoin was below $81,500. Currently, Bitcoin is consolidating and diverging on the 4-hour chart, which may indicate that there may be a deep decline today. However, this situation may need to wait until the US stock market opens at night before we can get a clearer signal.

• 🕵️ Operation suggestion:BitCoin 88567.0 Buy Target Price 90343.3