The dull market trend always gets disrupted by sudden macro events. As soon as tensions in the Strait of Hormuz escalated, crude oil prices went up, and gold prices dropped. A better buying opportunity than yesterday appeared, so I decisively increased my position. The logic behind rising oil prices is straightforward: tensions in the strait reduce shipping capacity, so oil prices go up. The drop in gold prices was also confirmed in the last round. Gold has high liquidity, so when oil prices rise, sovereign nations tend to sell gold to buy oil and keep their societies running. Once this trend gains momentum, funds will rush to act during every sudden event. The longer-term logic lies in the increasing probability of a rate hike in September, which is bearish for gold. U.S. stocks and Bitcoin usually drop as well due to liquidity risks. When trading, it depends on your timeframe. For example, looking at yesterday, going long on gold and short on oil was a bit early. If you're doing ultra-short-term trades, there have already been several waves of opportunities. But if you're planning to hold for at least a few weeks, you can gradually increase your position based on the market trend. For now, the escalation of this weekend's conflict shows no signs of ending. Based on past experience, it might last a few more days, but it's unlikely to escalate to a higher level. After all, the U.S. military's aversion to war is well-known. Even if this is just a strategic smokescreen to cover for some troop movements, the follow-up actions will likely be more symbolic than substantial. @BITstocks_CN Buy U.S. stocks on BIT, with access to 10,000+ U.S. stocks and ETFs, real holdings, and dividend payouts.