On the evening of December 4th, Xiao Huang is bullish!
The ADP employment data for November was worse than expected, leading everyone to believe that the Federal Reserve might lower interest rates earlier, which has suppressed the dollar. Tonight, initial jobless claims and other data will be released, likely benefiting gold; additionally, silver has already reached a new high, which has boosted positive sentiment in the precious metals market.
From a technical perspective, Xiao Huang's daily chart is still in an upward trend, with no issues. On the hourly chart, the range of 4180-4185 is a good area to buy; once it successfully stabilizes between 4180-4200, it is likely to rise to 4230 or even higher.