Gold and oil opened high simultaneously! Data and geopolitical factors catalyze trading opportunities here

On the morning of December 4th, spot gold (London gold at $4208.295/ounce, up 0.14%) and WTI crude oil ($59.03/barrel, up 0.14%) opened high simultaneously, driven by two key factors.

U.S. private sector employment fell by 32,000 in November (expected increase of 20,000), with employment stagnation and declining wages reinforcing bets on a Fed rate cut in December, providing valuation support for gold priced in dollars; the escalation of the Russia-Ukraine conflict (Ukraine attacks Russia’s "Friendship" oil pipeline) + the EU's total ban on Russian natural gas by 2027, combined with NATO's $1 billion aid to Ukraine, raises expectations for geopolitical risk and energy supply gaps, boosting oil prices.

Trading perspective: Gold at the $4200 mark turns into support, and short-term oscillation upwards can be expected; caution is needed for the short-term impulse rise of oil, while the long-term value of buying on dips is highlighted. Keep a close eye on U.S. inflation data and developments in the Russia-Ukraine conflict, with risk aversion logic as the main line, and manage positions well. $ETH #加密市场观察