Daily short sale tracking: NVIDIA's short volume increased by 9 million, with a short sale ratio of 8%
NVIDIA(NVDA.US) ranked top of the list had the largest change in short volume (9.31 million shares), and the short volume ratio of ArcelorMittal SA(MT.US) reached 41.22%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Gold suddenly took a big turn! The price of gold surged $25 within the day. What's next? FXStreet analyst's technical analysis of gold price.
In early European trading on Thursday, spot gold surged significantly, with the price of gold approaching $2585 per ounce, rising $25 intra-day. Dhwani Mehta, a senior analyst at FXStreet, pointed out that based on the daily chart of gold, the relative strength index (RSI) is bullish, which continues to keep buyers active, and the price of gold is expected to retest $2600 per ounce.
Who has a higher winning percentage between the US dollar, the Chinese yuan, and gold before and after the first rate cut by the Federal Reserve?
From the historical interest rate cuts, the US dollar is under short-term pressure after a rate cut, and the medium to long-term trend is influenced by the relative strength of the US economy and global risk aversion, making it difficult to predict. The RMB exchange rate is relatively independent, with a greater chance of gold winning.
Silver bulls explode! Silver prices surged over 3% intraday. Analysis of silver trading by well-known institutions.
At the end of Thursday's Asian session, spot silver maintained a strong rebound trend during the day, with silver prices just reaching the $31.00 per ounce level, a daily increase of over 3%. According to Economies.com, if silver prices confirm a breakthrough of $31.00 per ounce, this will open up further room for silver prices to rise.
Gold has experienced a sudden surge in the market! The price of gold during the Asian session soared by nearly $17. The latest analysis of gold's intraday trading by reputable institutions.
On Thursday, the Asian session closed with a sudden acceleration in the short-term price of gold, with the price just breaking through $2575 per ounce, rising more than $16 for the day. According to Economies.com, the gold price has successfully reached its target price of $2600.00 per ounce; after a brief bearish adjustment, the gold price resumed its upward trend and is currently testing $2600.00 per ounce again.
Why Gold Has Outperformed Gold Miners