Chip Stocks Extend Rally Despite Waning Appetite

WTI reversed from support zone Likely to rise to resistance level 78.00 WTI crude oil recently reversed up from the support zone set between the strong support level 72.40 (which has been reversing the price from February) and the lower daily Bollinger Band. The upward reversal from this support area stopped the c-wave of the […]

Market picture The crypto market remains in a downtrend. Its cap rose 0.2% over the past 24 hours to $2.72 trillion and generally remains in a very tight range with a short-term ceiling of $2.75 trillion. Just over a month ago, similar local resistance was half a trillion higher. The crypto market remains in a […]

The gold price rebounded to $3,350 per troy ounce on Thursday after two consecutive days of steep declines unsettled investors. However, this dip is likely temporary. Key Drivers Behind Gold’s Movements U.S. Treasury Secretary Scott Bessent noted that high tariffs between the U.S. and China must be reduced before trade negotiations progress. However, he stressed […]