Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Gold and silver plummet
After the sharp decline the night before yesterday, Asian markets started selling off again during the day
Bitcoin also took a big hit, hitting a second bottom yesterday. There was a conflict among traders trying to buy the dip, but the reason was unclear, so no action was taken
Yesterday's plunge was due to the victory of the new Federal Reserve Chair, Jerome Powell. Financial experts believe he is more cautious and hawkish, worried that his policies will strengthen the dollar. The three main supports for gold are summarized as: a strong dollar will cause gold to fall, and concerns that he may not support the previous monetary easing policies. This is the reason for the gold crash.
Good news is that Arthur Hayes just stated that Powell's appointment as Fed Chair will continue the easing policy. An increased probability of rate cuts is good for gold. Gold is now at a critical four-hour support/resistance level. The last time it was at this level, I started recommending buying.
Wait until Monday's opening to see the trend. If Bitcoin retraces, it can be lightly bought at 80,000-82,000.
After the sharp decline the night before yesterday, Asian markets started selling off again during the day
Bitcoin also took a big hit, hitting a second bottom yesterday. There was a conflict among traders trying to buy the dip, but the reason was unclear, so no action was taken
Yesterday's plunge was due to the victory of the new Federal Reserve Chair, Jerome Powell. Financial experts believe he is more cautious and hawkish, worried that his policies will strengthen the dollar. The three main supports for gold are summarized as: a strong dollar will cause gold to fall, and concerns that he may not support the previous monetary easing policies. This is the reason for the gold crash.
Good news is that Arthur Hayes just stated that Powell's appointment as Fed Chair will continue the easing policy. An increased probability of rate cuts is good for gold. Gold is now at a critical four-hour support/resistance level. The last time it was at this level, I started recommending buying.
Wait until Monday's opening to see the trend. If Bitcoin retraces, it can be lightly bought at 80,000-82,000.