π Oil weakens, gold moves to safety, Bitcoin rallies, Nvidia backs open AI β volatility spikes.
π’οΈ Oil: Brent β $92/bbl, WTI β $86/bbl; gas & fuels down ~1.7β1.9%. Shipping via Hormuz: 6 vessels vs 10βday avg 11 (Kpler). Sanctions uncertainty keeps oil volatile.
βΏ Bitcoin: jumped from β $63k to β $79k this week; ETF inflows β $1.92B; shortβsqueeze β $2.7B + margin liquidations β $3.5B (Aug 20β21). RSI shows overbought β watch $83β85k resistance for pullbacks.
π₯ Gold: broke $4,600/oz, around $4,622 β safeβhaven flows amid escalation and shipping risk.
π€ Nvidia & Poolside: $6B licence + $1B investment = $7B; Poolside preβmoney β $12B; access to open weights/Model Factory boosts openβAI ecosystem.
π Trader takeaways:
β’ Oil β monitor sanctions/shipping, use hedges.
β’ BTC β strong momentum but use stops; risk of shortβterm retracement.
β’ Gold β defensive asset.
β’ Nvidia/AI β catalyst for chips/clouds.
π Trade the news β ifxpr.co/open-account
π² Google Play ifxpr.co | App Store ifxpr.co