December 17th Clock Spirit Silver Silk Dew

The escalation of geopolitical tensions has boosted market demand for safe-haven assets, driving the prices of precious metals such as gold and silver to rise across the board. Among them, spot silver has climbed above $66 per ounce, reaching a historic high; the price of gold has rebounded to above $4,330, just a step away from last October's historical peak; platinum has also risen for the fifth consecutive trading day, reaching its highest level since 2011.

Meanwhile, the latest U.S. employment data shows that while the labor market is cooling, it has not deteriorated sharply. This situation has led traders to reduce bets on a recent interest rate cut by the Federal Reserve, propelling the dollar index to rise across the board. Currently, market focus has shifted to the upcoming inflation data to seek clearer clues about monetary policy direction.

In terms of operational strategy, if prices rebound to the range of 65.20-65.9 and show significant signs of stagnation, consideration can be given to short positions, with a stop loss set above 65, and a short-term target looking towards the vicinity of 63.50-63.00.