The recent changes in the international and economic situation have become intertwined and have attracted much attention. The conflict between Russia-Ukraine conflict continued. Biden demanded to increase the supply of weapons to Ukraine and condemned Russia's attack on Ukraine. Lavrov responded to Ukraine's attack on Russian civilian targets. Okursk was shelled by Ukraine, causing casualties, and there was news that an Azerbaijani aircraft was suspected of being shot down by Russian air defense systems. The Israeli Palestinian conflict in the Middle East is severe, with Gaza claiming that Israeli airstrikes caused the death of journalists, but the Israeli military denies it. In terms of economy, data from the US Department of Labor shows a decrease in initial jobless claims and an increase in renewals, reflecting changes in the labor market. Furui economists predict new job opportunities for December. There is little economic data on this trading day, and investors need to pay close attention to the geopolitical situation and Trump's dynamics, as they will bring variables to the market. The subsequent development is worth closely monitoring.   

The US Dollar Index

In terms of the US dollar index, the overall price of the US dollar index showed a fluctuating downward trend on Thursday. The highest price of the day rose to 108.279, the lowest was 108.002, and closed at 108.081. Looking back at the performance of the US dollar index on Thursday, due to the fact that it was still a holiday yesterday, the overall market volatility was relatively small, and the price remained within the range of high and low points in recent days, ultimately ending with a bearish candlestick on the daily chart. At present, the daily support is at the support level of 107.55. For the four hours, we are temporarily focusing on the range of 107.90-108, which is the bottom edge of the short-term upward trend line. In the future, we will pay close attention to the gains and losses of this position. If the price does not break, it is expected to continue to rise. At the same time, there is also a recent correction in the market. Therefore, we should be cautious of the price breaking through this area. Once it breaks, we will focus on the daily support area in the future.

The US Composite Index oscillates within the range of 107.55-108.50, with 108 serving as the middle watershed

In terms of gold, the overall price of gold showed a fluctuating upward trend on Thursday, with the highest price rising to 2638.95 and the lowest falling to 2614.32, closing at 2633.42. Looking back at the details of the gold market performance on Thursday, the price line continued to rise during the morning session, while the European session was volatile and corrected. For the price to rise again after the US session, the daily level finally ended with a strong bullish trend. At present, the weekly resistance is in the 2644 area, and if the price is below this level, the center line will be bearish. The daily resistance is temporarily focused on the 2642-2643 range, and if the price is below this level, the band will be bearish. At the same time, after breaking the 4-hour resistance last Friday, the price has maintained a 4-hour support and further increased. We are currently continuing to monitor the daily and weekly resistance to see pressure according to the previous rhythm. As we are currently focusing on the 2621-2642 range today, we will continue to wait for the daily resistance to see pressure. However, if the price breaks through the 4-hour support early, we can directly see pressure for the subsequent rebound.

Short selling in the gold range of 2642-43, defending against $10, targeting 2621-2610-2583

In terms of EUR/USD, the overall price of EURUSD showed a fluctuating upward trend on Thursday. The lowest price of the day fell to 1.0390, the highest rose to 1.0429, and closed at 1.0415. Looking back at the performance of the EURUSD market on Thursday, the price fluctuated mainly during the morning session, and further rose after the US session with the passage of time, and finally closed on the daily chart. At present, the EURUSD price is still operating within the range of 1.0430-1.0450, with the middle watershed temporarily defined as the 1.0380 area. Therefore, the focus will be on the gains and losses of the watershed in the future. If the price does not break, it will continue to explore the upper edge area, and once it falls, it is expected to further test the lower edge area under pressure. Due to the overall market still being bearish, everyone is currently treating it with caution.

EUR/USD fluctuates within the range of 1.0340-1.0450, with a middle watershed of 1.0380