Israel and Lebanon are about to cease fire; gold plummeted nearly $100 from its daily high!

Hot spot tracking

• Israel and Lebanon have agreed on the terms of a deal to end the Israeli-Hezbollah conflict. The Israeli cabinet is expected to approve the Lebanese-Israeli ceasefire agreement on Tuesday. The United States believes that an agreement has not yet been reached, but differences have narrowed significantly.

• The U.S. 2/10-year Treasury bond yield inverted again for the first time in two months. Bearish for the dollar.

• Azerbaijan Energy Minister: OPEC+ may discuss maintaining current oil production cuts at its meeting on December 1. Bullish for crude oil.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.13%1.049431.04955GBP/USD▼-0.14%1.256841.25698AUD/USD▼-0.45%0.65070.65049USD/JPY▼-0.03%154.223154.113GBP/CAD▲0.14%1.757531.75813NZD/CAD▲0.06%0.817230.81712

• 📝 Review:The U.S. dollar index snapped a three-day rally on Monday amid seasonal weakness and overcrowded trading on bets on a stronger dollar. It finally closed down 0.53% at 106.92. The yield on the 2/10-year U.S. Treasury bond inverted again for the first time in two months, with the benchmark 10-year U.S. bond yield closing at 4.2790% and the two-year U.S. bond yield closing at 4.2900%.

• 🕵️ Operation suggestion:USD/JPY 154.130 Buy Target Price 155.394

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▼-3.28%2625.472625.03Silver▼-3.23%30.28530.28

• 📝 Review:Spot gold plunged nearly $100 from session highs on reports that Israel and Hezbollah were close to a ceasefire and traders took profits. It hit a low of 2615.57 and closed down 3.36% at $2626.65 per ounce. Spot silver finally closed down 3.32% at $30.29 per ounce.

• 🕵️ Operation suggestion:Gold 2621.41 Sell Target Price 2604.40

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▼-3.19%68.9468.941Brent Crude Oil▼-2.73%72.672.592

• 📝 Review:WTI crude oil finally closed down 2.96% at US$69.01 per barrel, as rumors of a ceasefire between Israel and Lebanon eased market concerns about crude oil supply disruptions; Brent crude oil closed down 3.33% at US$72.55 per barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 68.539 Sell Target Price 66.776

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▼-0.20%20834.7320872.6Dow Jones▲0.66%44799.944807.8S&P 500▲0.02%5991.155998.75▼0.00%17559.317559.3US Dollar Index▼-0.13%106.7106.69

• 📝 Review:The Dow Jones Industrial Average closed up 0.99% to a new high, the S&P 500 Index rose 0.3%, and the Nasdaq Composite Index rose 0.27%. Tesla (TSLA.O) fell 3.9%, Nvidia (NVDA.O) fell 4.1%, and MicroStrategy (MSTR.O) fell 4.3%. The Nasdaq China Golden Dragon Index closed up 0.4%, iQiyi (IQ.O) rose more than 6%, and Alibaba (BABA.N) rose nearly 3%.

• 🕵️ Operation suggestion:Nasdaq 100 20745.740 Sell Target Price 20635.328

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-4.33%93809.794449.1Ethereum▲2.39%3440.43452.7Dogecoin▼-7.62%0.396950.3934

• 📝 Review:Judging from the overall market trend, Bitcoin's market shows that bulls are relatively strong. As of press time, the price of Bitcoin is below 98,500 points. Bitcoin had a strong rally today, which was expected. As long as the market trend does not destroy the top pattern on the daily chart in the short term, then 99,500 points may be the top signal in the near future.

• 🕵️ Operation suggestion:BitCoin 93912.0 Sell Target Price 91882.8