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US stocks rose for the sixth consecutive week, crude oil plummeted, gold and silver shone | Overseas major asset weekly report
Spot gold hit record highs twice this week, with a total weekly increase of about 2.4%, while silver rose about 7% to nearly a twelve-year high for the week. With the USA pushing for a ceasefire in Gaza, the crude oil market showed a weak performance this week. The dollar fell from an 11-week high.
Jensen 108 : today crude oil price drop. Is INDO possible to go uptrend or tank ?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
EZ_money OP Jensen 108 : hard to say. dollar going up is helping oil drop off as well, long term charts looking great short term not so hot, but news can push it up or down at any given moment. i don't expect the dollar to continue being so strong that will have a positive impact on oil prices and stocks once it falls back
Moo Deng : time to hide this stock from my watchlist and come back few months later for less heart pain![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
EZ_money OP Moo Deng : don't think it will even take that long