Group 1 - International silver prices maintained a critical level at $36.30, with a daily high of $36.93 and a low of $36.60, indicating market stability [1] - The U.S. employment report for June exceeded expectations, with the unemployment rate dropping to 4%, suggesting a robust labor market [2] - The optimistic economic data from the U.S. supported a rise in the dollar, impacting silver prices positively [3] Group 2 - Silver prices closed at $36.85, marking a 0.80% increase, and are approaching a double bottom pattern, indicating potential upward movement [3] - A breakthrough above the June 26 high of $36.83 is necessary for silver to challenge the year-to-date high of $37.31 [3] - Key resistance levels for silver are identified at $37.49 and $38.00, while a drop below $36.00 could lead to further declines [3]

Fundamental Analysis - Gold prices surged to approximately $3,357, maintaining a bullish trend due to the passage of Trump's "big and beautiful plan" in the Senate and the approaching deadline for tariff suspension on July 9, prompting investors to seek safe-haven assets [1] - The Republican-majority Senate approved a broad tax and spending bill that will cut several social service programs, potentially increasing the deficit by $3 trillion over the next decade, which may stimulate inflation and increase the debt burden, positively impacting the gold market [1] - Federal Reserve Chairman Jerome Powell reiterated that stable economic activity allows the Fed to wait and observe the impact of tariff increases on prices and economic growth before deciding on interest rate cuts, with a focus on inflation data and labor market signs [1] Technical Analysis - The gold price has formed a standard double bottom pattern at low levels, initiating a strong upward trend, with bullish momentum continuing; a consolidation phase is expected before reaching new highs [4] - The MACD indicator shows a death cross signal, indicating a shift into a consolidation phase, with potential for a new bullish wave after sufficient adjustment [4] Trading Strategy - For gold, a long position is suggested at $3,320 with a stop loss at $3,310 and a target range of $3,335 to $3,357 [5] - For silver, a long position is recommended at $35.80 with a stop loss at $35.50 and a target range of $36.30 to $36.70 [9] News Events - Upcoming economic indicators include the Eurozone unemployment rate for May at 17:00, U.S. Challenger job cuts for June at 19:30, and U.S. ADP employment numbers for June at 20:15 [9]

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints of the Report - On Monday, New York raw sugar futures rebounded, with the main July contract rising 1.27% to 16.70 cents per pound. London ICE white sugar futures' main August contract rose 1.5% to $472.40 per ton. The current market pressure is the increasing production in Brazil, and recent heavy rainfall in the central - southern Brazil may affect the crushing progress. After the sugar price rebounded from below the previous low, it's necessary to observe if a double - bottom pattern can form [6]. - Yesterday, the main contract of Zhengzhou sugar fluctuated weakly. The 09 contract closed at 5,717 yuan per ton, down 14 yuan or 0.24%, with an increase of 1,295 contracts in positions. The spot prices in domestic producing areas remained unchanged. Zhengzhou sugar did not follow the raw sugar's rebound and was weaker than expected. After the market closed, large speculative short - sellers continued to add positions tentatively, while hedging funds from spot seats continued to withdraw. The short - selling momentum of short - sellers to add positions and suppress prices weakened, and the possibility of a price rebound is relatively high [8]. 3. Summary by Relevant Catalogs 3.1 Market Review and Operation Suggestions - **New York Raw Sugar and London ICE White Sugar**: The main July contract of New York raw sugar futures rose 1.27% to 16.70 cents per pound, and the main August contract of London ICE white sugar futures rose 1.5% to $472.40 per ton. The increasing production in Brazil is the main market pressure, and rainfall may affect the crushing progress. After the sugar price fell below the previous low and rebounded, observe for a possible double - bottom pattern [6]. - **Zhengzhou Sugar**: The 09 contract of Zhengzhou sugar closed at 5,717 yuan per ton, down 14 yuan or 0.24%, with an increase of 1,295 contracts in positions. Domestic spot prices were flat. Zhengzhou sugar did not follow the raw sugar's rebound. Speculative short - sellers added positions tentatively, and spot hedging funds withdrew. The downward momentum of short - sellers weakened, and a price rebound is more likely [8]. 3.2 Industry News - No relevant content provided 3.3 Data Overview - **24/25 Guangdong Sugar Production and Sales**: The cumulative sugar production in Guangdong in the 24/25 season was 654,500 tons, an increase of 122,800 tons year - on - year. As of the end of May, the cumulative sugar sales were 654,500 tons, an increase of 223,600 tons year - on - year; industrial inventory was 0 tons, a decrease of 100,800 tons year - on - year; the sales - to - production ratio was 100%, an increase of 18.97% year - on - year. In May, the single - month sugar sales in Guangdong were 3,900 tons [10]. - **24/25 Xinjiang Sugar Production and Sales**: The final sugar production in Xinjiang in the 24/25 season was 814,200 tons, an increase of 255,600 tons year - on - year. As of the end of May, the cumulative sugar sales were 618,800 tons, an increase of 231,400 tons year - on - year; the sales - to - production ratio was 76%, an increase of 6.65% year - on - year; industrial inventory was 195,400 tons, an increase of 24,200 tons year - on - year. In May, the single - month sugar sales in Xinjiang were 73,700 tons [10]. - **Brazilian Sugar Exports**: Brazil exported 2.2566 million tons of sugar in May, a year - on - year decrease of 19.6%. From April to May in the 2025/26 season, Brazil's cumulative sugar exports were 3.8092 million tons, a year - on - year decrease of 18.84%. As of the week of June 4, the number of ships waiting to load sugar at Brazilian ports was 90, the same as the previous week. The quantity of sugar waiting to be exported was 3.247 million tons, a 4% decrease from the previous week. The quantity of high - grade raw sugar (VHP) was 3.0373 million tons, a 3% decrease from the previous week. The quantity of sugar waiting to be exported at Santos Port decreased 7% from the previous week, and that at Paranagua Port decreased 11% [10].

Group 1 - Dogecoin (DOGE) has recently fallen below the psychological level of $0.20, providing potential buying opportunities for investors amid an overall market correction in the cryptocurrency sector [2] - Analyst DecyX suggests that investors should wait for Dogecoin to drop below $0.187 before considering a buy, targeting an imbalance area between $0.213 and $0.215 [3] - If trading volume is sufficient, Dogecoin could break through $0.235 and challenge a strong high of $0.2597, although the fair value gap has not yet been filled, indicating long-term bullish potential [4] Group 2 - Dogecoin's price is highly correlated with Bitcoin, which recently closed below $106,800, indicating a potentially unstable market that could pose risks for Dogecoin [6] - Technical analysis suggests that Dogecoin may be nearing a bottom, with a possible double bottom formation on the 4-hour chart, indicating that the $0.18 area could serve as a reversal point [7] - As of June 3, 2025, Dogecoin's trading price is approximately $0.1906, showing a slight decline over the past 24 hours, consistent with Bitcoin's overall market trend [8] Group 3 - Key support levels for Dogecoin are identified between $0.1839 and $0.1901; a drop below this range could lead to further declines towards $0.17 [10] - Technical signals such as the double bottom formation on the 4-hour chart, RSI bullish divergence on the daily chart, and a symmetrical triangle breakout on the 1-hour chart are all considered bullish indicators [10][11] - The recent breakout of the symmetrical triangle on the 1-hour chart may push Dogecoin's price back towards the $0.20 mark [11]