In 2024, the US stock market has repeatedly reached new highs. What are the key catalysts?
Gold prices retreated from a three-week high hit earlier on Monday as investors took profits and traders adjusted their expectations for the Federal Reserve to cut interest rates pending further data to assess the rate outlook. Matt Simpson, senior analyst at City Index, said gold prices were under pressure as "some traders were looking to take profits near the $2,718 high." Gold futures had their best week since the epidemic last week. "I doubt last week's rally can continue given the shortened...
Bitcoin rallied non-stop, breaking through $92,000/piece, continuing to break new historical highs, rising 4.60% during the day.
Gold is approaching the 2750 mark, setting a new all-time high again! The US index also hit a new high of two and a half months; Israel claims to have killed the successor to the Hezbollah leader, or is considering a two-week ceasefire with Hamas... What major events happened around the world yesterday and this morning?
Gold is expected to reach another historical high, but the rally may be blocked here! The rebound in crude oil is still weak, and it needs to close above this level to ease bearish pressure; the US and Japan are competing for key technical positions.
According to IntoTheBlock, as Bitcoin has consolidated near its previous all-time high, there are more than 320,000 active addresses trading within this price range. Notably, 220,000 of these addresses have an average buy price of around $68,500, indicating strong interest and potential support for this key level.
According to Onchain Lens, a trader bought 6.90 million EREBUS at the peak of the coin, spending 604 SOL ($94,000). The token then plummeted, forcing him to sell his position for only 46 SOL ($7,000), losing $87,000.
Gold has changed hands to complete an upward breakthrough, and today may refresh historical highs; silver has begun to sprint upward, and the daily rally is still strong without breaking through here; US oil has begun to change hands, and may fall into a shock in the short term > >
Gold once again points to a new high, where is the bull's target? US oil returns to the downward channel, trend line support may play a role; this week's European Central Bank meeting is limited to the euro? There is still a lot of room for correction in the pound...
A major "roadblock" is preventing gold from reaching a new high. It is extremely unwise to short gold now? CTA selling may drag down silver; the oil market is going short on a large scale, this factor is worth noting...
After bitcoin hit a three-week high, crypto stocks rose premarket, with Coinbase (COIN. O) up 3.6 percent and MicroStrategy (MSTR. O) up 4.4 percent.
The real trading volume shows that COMEX gold futures are hovering at historical highs, and the current chip center has gradually moved up to... For details, please refer to "Database-COMEX Gold Futures Real Trading Volume".
On August 17, spot gold continued to rise, setting a new record high to $2504.16/ounce.
Gold, silver and oil chips are piled up at high levels, first pay attention to the possibility of price fluctuations around the peak area, and pay attention to the direction of breakthrough...