Galaxy Futures: During the Spring Festival, geopolitical factors are difficult to predict. It is best to close gold and silver positions for the holiday.

U.S. non-farm payrolls in January significantly exceeded expectations, greatly reducing the urgency for the Federal Reserve to cut interest rates. The rate hike pause is expected to last longer. Geopolitical issues have become the main support for precious metals recently, but the recurring nature of geopolitical tensions leads to high short-term volatility and uncertainty in precious metals. Especially during the Spring Festival, geopolitical factors are hard to predict, and the various data released during the festival period may cause significant fluctuations in precious metals. Therefore, it is safer to be out of the market before the holiday. If holding positions, keep them light, and it’s best to have options for protection. (Galaxy Futures)