Gold Market Update —

On August 27th, Tuesday, concerns over central bank independence arose as Trump attempted to remove Federal Reserve Governor Cook, causing the U.S. Dollar Index to retreat while maintaining above the 98 level, ultimately closing down 0.21% at 98.19. The U.S. Treasury yield curve steepened, with the benchmark 10-year Treasury yield closing at 4.268% and the 2-year Treasury yield at 3.269%. Under the combined influence of Federal Reserve turmoil and French political instability, spot gold regained safe-haven buying, breaking above the $3,390 level in late trading and ultimately closing up 0.83% at $3,393.7 per ounce, reaching a new high in over two weeks. Spot silver closed up 0.12% at $38.61 per ounce.

Latest Gold Market Trend Analysis —

Yesterday's gold market continued its range-bound movement, opening at $3,335.1 per ounce. The price initially rallied, reaching a daily high of $3,350.6 per ounce, then declined during the U.S. session due to fundamental factors, hitting a daily low of $3,299.5 per ounce. The market recovered in late trading, ultimately closing at $3,327.9 per ounce. The daily candle formed a spinning top pattern with equal upper and lower shadows, suggesting a continued bullish outlook for gold. Overall assessment: Gold remains in an upward oscillating trend. Today's trading approach should prioritize buying on dips, with shorting as a secondary strategy. Key resistance levels to watch are $3,400-3,415, while support levels are at $3,380-3,360.

Gold Strategy: Scale into long positions on pullbacks to $3,380-3,370, targeting $3,400-3,410, with stop-loss at $3,355.

Latest NASDAQ Market Trend Analysis —

The NASDAQ opened yesterday at $22,233.79, initially dipping to $22,215.67 before rallying throughout the session to reach a daily high of $22,470.73. The index consolidated and closed at $22,445.64, forming a substantial bullish candle, maintaining the upward momentum. Overall assessment: NASDAQ prices are gradually rising, with attention on whether it can break previous highs. Today's trading approach should prioritize buying on dips, with shorting as a secondary strategy. Key resistance levels are $23,650-23,750, while support levels are at $23,470-23,400.

NASDAQ Strategy: Scale into long positions on pullbacks to $23,470-23,400, targeting $23,600-23,650, with stop-loss at $23,350.

Disclaimer: This information is for reference only and does not constitute investment advice. Investors should operate at their own risk.