Weekly

Last week, gold never looked back and rose day by day. Due to the lack of important economic data, it was seen in the early part of the week that the gold price benefited from the support of key structure and began to rebound. After breaking through 2600, it will stabilize. The Russian-Ukrainian war lasted for nearly three years, and Ukraine had no countermeasures, but Russia failed to completely capture Ukraine. Keep wasting.

Russian President Vladimir Putin signaled the possibility of using nuclear weapons, and the news shocked the market. Gold plays the role of a fund refuge, and funds flood into the gold market to avoid risks. After the middle of the week, the price of gold rose by more than 100 yuan, completely recovering the previous week's decline, and closed at a full-week high of 2715 before the close, showing its strength.

This week, after the middle of the week, it is a Thanksgiving holiday in the United States. It is expected that trading will be quiet before the weekend, but there is a record of the Fed's last interest rate meeting in the middle of the week. At present, the probability of reducing interest rates in December is only over 50%. I believe that the last meeting had a very important revelation, which may have a greater impact on the sluggish market. The market situation is a bit different, so let's refer to each other.