#美联储联邦公开市场委员会决议 The US Dollar Index meandered at low levels over the weekend, and the recent rate cut by the Federal Reserve has basically been absorbed. The economic team recently issued a statement saying that if they enter the Federal Reserve decision-making body, they will listen to all opinions, but the autonomy over interest rates still needs to be firmly held. This statement is like giving the market a reassurance.



After the intensive actions by the central bank last week, this week remains interesting—besides the Federal Reserve continuing to send officials to speak, the interest rate decisions from the European Central Bank, Bank of England, and Bank of Japan will also be announced one after another. The key point to watch is the ECB's stance, which can basically determine the movement of the euro and US dollar indices. Data highlights: the US November non-farm employment numbers can explain many issues, and November CPI should also be watched.

Gold and precious metals are quite lively. Gold continued to rise last week, approaching the previous high, with short-term momentum to break through further. On Friday, it was volatile, with the daily line piercing the upper band directly. RSI is high, and on the 4-hour chart, it found support around 4260 and stabilized. The short-term remains strong; if it can hold around 4300, continuing to go long is a reasonable choice. Regarding gold against RMB, returning to around 972 and stabilizing would be a good entry point.

Silver formed a shooting star on the weekly chart and then broke above the weekly upper band, indicating a desire to push toward previous highs. It surged on Friday but then fell back, with the 5-day moving average acting as resistance. RSI on the daily chart is retreating from high levels, and the bullish pattern on the 4-hour chart has been slightly broken. Caution should be maintained at high levels, but if it can stabilize again around 62, adding more long positions can be considered.

Platinum has been quite aggressive—weekly chart reached a new high historically and has stayed above the 5-week moving average for five weeks. RSI is approaching overbought territory. It continued to rise on Friday, breaking previous consolidation highs on the 4-hour chart, so long positions can be held. Once it breaks above 1780, the target can be seen at 1800.

US crude oil performed much weaker. It has been declining throughout last week, tightly suppressed by the 5-week moving average, with RSI below 50, possibly continuing to test lower levels. It closed with a small bearish candle on Friday, without making new lows, and the 5-day moving average is still overhead. On the 4-hour chart, the 57 level has been repeatedly tested, and the bearish momentum is starting to weaken. Current short positions are recommended to be closed; conservative investors can wait and see. $ETH $BTC $SOL
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ImpermanentPhilosophervip
· 19h ago
The rate cut benefits are already priced in; now it's just about how the ECB will proceed. Otherwise, the recent rebound in the US dollar index is uncertain. Gold needs to hold above 4300; otherwise, it’s just a false breakout. Crude oil is really weak; the 57 level is troublesome, and short positions really need to be closed. Platinum is a bit aggressive; can it still chase the historic high? It’s a bit虚 (uncertain).
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PhantomHuntervip
· 19h ago
Gold is almost topping out; wait for the ECB signal before making a move. Silver's current pattern looks a bit uncertain.
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TopBuyerBottomSellervip
· 20h ago
Gold is about to hit a new high, platinum is even more aggressive, directly reaching a historic high, while crude oil is the weakest, haha
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GasFeeBeggarvip
· 20h ago
The rate cut benefits are already exhausted, now it depends on how each country's central banks respond. The European Central Bank is the key. Gold has been quite strong this wave; if it can hold above 4300, I will continue to be bullish. Silver should be cautious; it’s easy to see a sharp drop from high levels. Platinum has hit a new high; this pace is a bit outrageous. Oil prices are still too weak; the bears haven't fully loosened their grip. The Federal Reserve holding onto interest rate autonomy is smart. Non-farm payroll data is the real bomb this week; I am optimistic about the November figures. The November CPI release is likely to cause another wave of volatility. Recently, precious metals are much more attractive than crude oil. The 4260 support is quite strong this wave; let's see if it can break through 4300.
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