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Long-term Holding of Gold | Wealth Is Built Through Patience

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GateUser-792de55c
an hour ago
$DOGE #DOGE
Falling Wedge breakout.
A successful retest could trigger a strong bullish wave in the coming days✍️
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GateUser-276f0bca
2 hours ago
First Review
On September 4 Eastern Time, the three major U.S. stock indexes fluctuated lower, with the Dow Jones Industrial Average falling 0.51% to 53,414.25, the S&P 500 declining 0.38% to 7,718.60, and the Nasdaq Composite edging down 0.29% to 26,506.99. After the strong nonfarm payrolls data, the market entered a phase of divergence and repositioning. The U.S. added 162k nonfarm jobs in August, far above market expectations, driving up the probability of a Fed rate hike in September. The 10-year U.S. Treasury yield rose and the dollar strengthened, weighing on overall market valuations.

The market showed clear structural divergence: the broader market weakened overall, while the AI hardware industry chain surged against the trend. The Philadelphia Semiconductor Index jumped 3.37%, with memory chips leading the market; SanDisk rose more than 11%, while SK Hynix and Micron Technology also advanced. Continued demand for HBM high-bandwidth memory remained the sector’s core driver, and optical communications-related stocks also generally strengthened, with industry momentum temporarily outweighing the negative impact of higher interest rates.
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