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02:01
Spot gold short-term trading advice: high-level consolidation, sell on rallies, buy on dips
(1)Analysis: The strengthening of the US dollar and the market's reduced expectations for interest rate cuts have put short-term pressure on gold prices, but the escalation of conflicts in the Middle East continues to boost safe-haven demand, providing significant support for gold. The rise in oil and gas prices has reignited inflation concerns, making the market more cautious about the path of rate cuts. From a technical perspective, gold prices are maintaining a strong consolidation structure above $5,000, with the moving average system still in a bullish arrangement. The recent pullback is more about digesting gains at high levels. If risk aversion sentiment rises again, gold prices may still have the potential to retest historical highs. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation, non-farm payroll data (3) Resistance: 5,200, 5,250, 5,300 (4) Support: 5,100, 5,050, 5,000;
02:01
Short-term trading suggestion for US crude oil: oscillating upward, buy on dips
(1)Analysis Reason: The ongoing escalation of the Middle East conflict has significantly increased the risk premium on crude oil supply, with the security of transportation through the Strait of Hormuz remaining the core focus of the market. Approximately 20% of the world's seaborne crude oil passes through this channel, and if transportation continues to be disrupted, expectations of supply-side tightness will continue to support oil prices. Currently, WTI is trading around $78, with a previous single-day surge of 8.5% indicating strong bullish momentum. The daily chart has broken out of the consolidation range and stabilized above key moving averages, showing a bullish trend structure. Although the increase in US inventories has caused some price fluctuations, as long as geopolitical risks remain unresolved, oil prices are expected to maintain an overall upward trend.(2)Key Focus: Geopolitical situation, inventory data, US Dollar Index, non-farm payroll data(3)Resistance: 80.00, 81.00, 82.00(4)Support: 79.00, 78.00, 77.00
02:00
Rumble: Tether has committed to $150 million in GPU service purchases and currently holds 210.82 BTC
Jinse Finance reported that Nasdaq-listed company Rumble disclosed in its latest annual report that it currently holds 210.82 bitcoins, as well as cash and cash equivalents valued at $237.9 million, bringing its total liquidity to approximately $256.4 million. In addition, Rumble revealed that the $100 million advertising investment from stablecoin issuer Tether will be paid over two years, with $50 million each year, and the first payment will be made in the first quarter of this year. Furthermore, Tether will also provide Rumble with up to $150 million in GPU service procurement commitments over two years, and the two parties will strengthen their strategic cooperation to expand AI infrastructure and high-performance computing capabilities.
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