Gold soared to break through $2910; US oil rose 2%!

Hot spot tracking

• According to US media Punchbowl: U.S. House Republicans are seeking to cut federal spending by $2 trillion to $2.5 trillion. This news is bullish for the US dollar.

• Hamas: The exchange of detained persons will be postponed due to Israel's continued violation of the ceasefire agreement. Israeli Defense Minister Katz: This (Hamas' delay in releasing hostages) is a complete violation of the ceasefire agreement. This news is bullish for crude oil.

• OpenAI plans to outsource its self-developed AI chip design to TSMC for manufacturing in the first half of 2025, and hopes to achieve mass production in 2026. The news is bullish for U.S. technology stocks.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.15%1.030651.0306GBP/USD▼-0.10%1.236741.23686AUD/USD▲0.48%0.628050.62831USD/JPY▲0.29%151.996151.883GBP/CAD▼-0.42%1.770091.7719NZD/CAD▼-0.33%0.807250.80815

• 📝 Review:The U.S. dollar index gapped higher at the open on Monday as Trump pledged to impose a 25% import tariff on all steel and aluminum imports. It then maintained high-level fluctuations and finally closed up 0.20% at 108.31. The benchmark 10-year Treasury yield closed at 4.4980%, while the two-year Treasury yield closed at 4.2850%.

• 🕵️ Operation suggestion:USD/JPY 151.827 Buy Target Price 152.458

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲1.73%2907.922907.79Silver▲0.86%32.02731.995

• 📝 Review:Investors sought safe-haven assets after Trump said he would soon unveil new tariffs. Spot gold once broke through the $2,910/ounce mark, setting a new historical high. It finally closed up 1.66% at $2,907.55 per ounce. Spot silver finally closed up 0.80% at $32.03 per ounce.

• 🕵️ Operation suggestion:Gold 2919.68 Buy Target Price 2926.86

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲2.08%72.17872.196Brent Crude Oil▲1.37%75.80775.835

• 📝 Review:In addition to Trump's latest tariff threat, foreign media reported that Russia may launch a one-month gasoline export ban, which also boosted oil prices. WTI crude oil finally rose by 2.03% to $72.41 per barrel; Brent crude oil closed up 1.88% at $76.05 per barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 72.069 Sell Target Price 73.014

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲1.69%21706.4521668.05Dow Jones▲0.60%44410.844363.8S&P 500▲0.92%6061.456052.35US Dollar Index▼-0.05%108.12108.14

• 📝 Review:The Dow Jones Industrial Average closed up 0.38%, the S&P 500 rose 0.67%, and the Nasdaq rose 0.98%. Nvidia (NVDA.O) rose nearly 3%, while Tesla (TSLA.O) fell 3%. The Nasdaq China Golden Dragon Index rose 2.6%, hitting a two-month high. Alibaba (BABA.N) rose 7.5%, NetEase Youdao (DAO.N) rose 41%, and Kingsoft Cloud (KC.O) rose more than 8%.

• 🕵️ Operation suggestion:Nasdaq 100 21691.050 Buy Target Price 21837.840

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲1.68%97363.297361.8Ethereum▲1.90%2663.32657.3Dogecoin▲3.26%0.253560.25305

• 📝 Review:Judging from the overall trend, Bitcoin bears currently have a slight advantage. As of the close, the price of Bitcoin was below 97,800 points. In view of this, it is not appropriate to consider a downward trend at the moment. If the market can effectively break through 98,000 points tonight, it can basically be confirmed that the short-term stabilization has occurred. There is a high probability that the daily upward trend will begin in the future.

• 🕵️ Operation suggestion:BitCoin 97938.9 Sell Target Price 94665.4