Tomorrow's Gold and Forex Market Trends and Strategies

Market Overview

- After Thanksgiving, liquidity remains thin, and the CME data center failure has led to increased short-term volatility; gold prices broke through 4200 USD/ounce during Friday's trading, closing nearby, with COMEX gold futures around 4256 USD/ounce. Market bets on a rate cut in December have risen to nearly 90%, the dollar is weak, and precious metals are generally strong. Regarding the Renminbi, the onshore/offshore Renminbi recently rose above 7.08, with a strong midpoint, and short-term two-way fluctuations are the main focus.

Gold Strategy

- Range: Focus on a fluctuation between 4180–4210; break above 4215 to go long, stop loss at 4205, target at 4245/4280; break below 4175 to go short, stop loss at 4185, target at 4150/4130.

- Buy on dips: Gradually buy on a pullback to 4185–4195, stop loss at 4175, target at 4215/4245.

- Position ≤10%, single trade risk ≤1%; as the event approaches, control leverage, and strictly set profit-taking and stop-loss levels.

Forex Strategy

- USD/CAD: Range between 1.3980–1.4060 for high selling and low buying; break above 1.4065 to follow long, stop loss at 1.4035, target at 1.4100/1.4150; break below 1.3975 to follow short, stop loss at 1.4005, target at 1.3930/1.3900. Pay attention to the divergence in oil prices and the paths of the US and Canadian central banks.

- USD/CNY: Tending towards a fluctuation range of 7.10–7.14; near 7.135, take a light short position, stop loss at 7.150, target at 7.110/7.095; near 7.095, take a light long position, stop loss at 7.080, target at 7.115/7.125. Note the guidance from the midpoint and the conclusion. #币安HODLer空投AT #加密市场反弹 #ETH巨鲸增持