Tonight, Eastern Time, three Federal Reserve Committee members will deliver intensive speeches at 21:00, 21:30, and 23:35 respectively. The high frequency and short intervals of these remarks are expected to cause multiple fluctuations in gold and dollar expectations.

The session begins with the President of the Philadelphia Fed taking the stage, typically focusing on economic outlook and the pace of interest rate cuts. If the language is relatively dovish, it will be bullish for gold; later, at 21:30, the President of the Cleveland Fed will appear, known for his hawkish stance. If he emphasizes inflation pressures or tightening policies, short-term pressure on gold may occur.

The finale at 23:35 features the President of the Chicago Fed speaking in a free conversation format, with highly unpredictable remarks. Given the late-night timing and high information density, it can easily trigger emotional market reactions.

Traders should be especially cautious as the three speeches are closely spaced and tend to have different tendencies. The market is prone to multiple "sudden jumps" due to clashes of different positions. It is recommended that short-term investors tighten their positions, increase risk awareness, and avoid being swept out by market volatility at critical moments. Tonight is a window where emotions may dominate the market, so early defensive positioning is crucial.