Brent crude oil futures rallied technically, rising $1 to $61.23 a barrel in the day after hitting a four-year low.
US oil fell to the 60 mark again, and the short-term trend has turned short, or will accelerate towards the second-level support level. This technical pattern appears on the weekly line, and the short-term rebound may come to an end.
Although the current technical pressure on gold, the fundamentals are still supporting the overall upward trend of gold. Analysts say that under the current intertwining of multiple factors, the gold market is building a solid foundation for structural strength.
Nasdaq-listed crypto mining and technology-based professional financial company LM Funding has released a new unaudited financial report as of January 31, 2025, in which it revealed that the company's mining output in January was 8 BTC, slightly higher than the 7 BTC mining output in December last year, and currently holds 158.2 BTC, worth about $16.10 million (based on the Bitcoin price of $102,000 on January 31).
Looking at the trend of the US dollar index and gold from a technical perspective, long-term traders and swing traders need to adopt very different strategies.
If Bitcoin loses this major support, it will be seen as a strong technical bearish signal...
Crude oil has fallen for four consecutive trading days this week. Technically, oil prices are still under pressure, but some analysts believe that at this level, oil prices may be difficult to sell again.
Nasdaq-listed crypto mining and technology-based specialist finance company LM Funding has released a new unaudited financial report for the period ending November 30, 2024, in which it revealed that the company's mining output in November was 7.4 BTC, slightly higher than the 7.3 BTC mining output in November, and currently holds 142.2 BTC worth approximately $14.2 million (based on the December 6 bitcoin price of $100,000).
Nasdaq-listed crypto mining and technology-based professional finance company LM Funding has released its new unaudited financial results for the period ending October 31, 2024, in which it revealed that the company's mining output in October was 7.3 BTC, up from 6.6 BTC in September, and currently holds 140.5 BTC, worth about $13.30 million (based on the November 20 BTC price of $94,700).
Analysts believe that from a technical perspective, the trend in the gold monthly time frame is not optimistic as imagined, unless the price of gold can close above the key level.
Fundamentals continue to pressure oil prices, and production may continue to increase; technically, a head-and-shoulders pattern has been formed, and oil market bears are targeting here.
On November 8th, from November 4th to November 8th, the Shenzhen Stock Exchange took self-regulatory measures on 304 cases of abnormal securities trading behavior, involving abnormal trading situations such as intraday lifting and suppression, false declarations, etc.; focusing on monitoring "Sinochem Rock and Soil" and "Huaying Technology", which have recently increased significantly; a total of 8 major matters of listed companies were checked, and 6 suspected violations were reported to the Se...
Gold and silver prices are still strong, how to interpret them from a technical perspective? Analysts believe that crude oil is undervalued relative to historical levels.
Sonic Labs CTO Andre Cronje said in a post on X that Oracle v4 has been delivered for audit, and this version allows the verification of any off-chain data, including: oracle (price, treasury, proof); tokenization (equity, stablecoin, RWA); bridging. All of this is zero cost for DApps and will only add a small gas fee to users.
CPI failed to shake gold bullish determination, technical aspects give this signal! Hurricanes or small episodes, can demand concerns really become the "setting wind" of oil prices? The Federal Reserve is about to cut interest rates, and US stocks do not rise but fall or suggest such a crisis... Click to view > >