At 1:30 AM, Powell is scheduled to speak. After that, U.S. stocks and gold rarely rose in sync before the market opened. It’s a rare situation for a pair of hedging products, indicating that both sides are placing bets: those betting on a rate cut are buying U.S. stocks, while those betting against a rate cut are buying gold. It's very interesting, but my personal judgment is that there is an 80% chance there will not be a rate cut, which would be bearish for U.S. stocks, and later in the evening, the big picture will continue to decline. We will see the final result tonight~