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News2025-11-07
Gold, we still need more today!
As for gold, it rose again in the morning. At the beginning of the week, we mentioned two points: 1. Pay attention to the cycle, especially the morning cycle. 2. Weekly line, the weekly line shows a 2-yin correction. This year‘s rise, the maximum correction is...
News2025-11-07
Fed officials continue to express caution! Gold rides a "roller coaster"
On November 7, spot gold was trading around US$3,984 per ounce. The price of gold was close to US$4,020 per ounce on Thursday. Benefiting from the weakening of the US dollar and the rebound in safe-haven demand, the Trump administration added copper, coal, and...
News2025-11-07
Chinese online live lecture Preview for next week
The gold market is rising step by step. How far can this rise go? Is it a short-term shock, or is it the start of a long-term main rise? Every Monday to Friday, 1 hour + practical content, XM Chinese live class will help you accurately grasp the pulse of the m...
News2025-11-07
USD/CAD’s five consecutive gains came to an abrupt end, and the market renewed i
During the European trading session on Thursday, USD/CAD fell back from its recent high to below 1.4100, ending the previous five consecutive days of gains. The slight rebound in crude oil prices during the day has become the core driving force for the current...
News2025-11-07
The continued depreciation of the yen may be just a perfect trap
During the Asia-Europe session on Thursday (November 6), the U.S. dollar fluctuated slightly against the Japanese yen, currently down 0.1% and trading around 153.95. The exchange rate made a sharp bottoming out on Wednesday and then accelerated and stretched i...
News2025-11-07
The U.S. dollar's rising momentum is gradually weakening, and the range is mainl
During the European trading session on Thursday (November 6), the U.S. dollar index (DXY) is currently trading around 99.95, falling slightly after Wednesday‘s fluctuations. The dollar retreated from recent highs as traders digested mixed U.S. economic data an...
News2025-11-07
Double top pattern formed before Bank of England interest rate decision
On Thursday (November 6), the price of GBP/USD showed an overall upward trend. In early trading, the price mainly rose with slow shocks, then accelerated in the afternoon, and then fell back slightly but still remained at a high level. This trend reflects the ...
News2025-11-07
The long and short factors enter a new round of game, and the direction of palm
On Thursday (November 6), the palm oil market on the Bursa Malaysia Derivatives Exchange swept away the gloom. The benchmark January contract closed at 4,149 ringgit/ton, rebounding by 41 ringgit during the day, an increase of 1%. The rise ended a decline that...
News2025-11-07
The Bank of England's decision comes to fruition, and the pound plummets! FTSE 1
On Thursday (November 6), at 20:00 Beijing time, the Bank of England announced the latest monetary policy resolution. The Monetary Policy Committee decided with a slim majority of 5 votes in favor and 4 votes against to keep the benchmark interest rate unchang...
News2025-11-07
11.7 Gold remains volatile, waiting for guidance from non-agricultural sectors d
Your profits come from other people‘s losses. In other words, when someone makes a mistake, profits will appear in the market that can be earned, but you cannot calculate or predict how many people will make a mistake next, or how big of a mistake they will ma...
News2025-11-07
Gold continues to fluctuate, rebounding at high levels in early trading and cont
Gold is still in a volatile market, but the amplitude is relatively large. However, before gold has formed a unilateral breakthrough, it will continue to fluctuate. Gold rebounded in early trading and remains under pressure from highs, but it continues to be b...
News2025-11-07
AUD/USD FX signals, head-and-shoulders pattern signals breakout to the downside
During the European trading session on Thursday (November 6), the AUD/USD exchange rate stabilized slightly after the U.S. Supreme Court heard arguments on disputes related to Trump‘s tariff policy. The currency also edged higher after the latest ADP employmen...
News2025-11-07
Bulls’ last hope! If it loses this level, the euro will return to the "dark down
The EURUSD exchange rate traded around 1.1520 during the European session on Thursday (November 6). On the recent hourly chart, there was a rapid rise from 1.1468 and an upward test of 1.1523, and then fell slightly, but still stayed above the neckline. Curren...
News2025-11-07
Multiple sets of data were shocking, but geopolitical accidents caused oil price
During the Asia-Europe session on Thursday, oil prices continued to hit the bottom, and market sentiment continued to be under pressure. Despite the sharp drop in oil prices late on Wednesday, there was no rebound, highlighting that the current market is deepl...
News2025-11-07
The U.S. lays off more than one million people, the end of the dollar index
The latest report released by layoff placement company Challenger, Gray & Christmas shows that as artificial intelligence technology accelerates the penetration, companies have optimized their personnel structures to adapt to industry changes. The number of la...
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