What to watch in the market this week? Geopolitical tensions heat up, and precious metals are on the move

The situation in Venezuela has significantly worsened in recent days, which often disrupts the global commodity markets. Whenever similar geopolitical risks emerge, precious metals tend to strengthen—both gold and silver are easily driven by risk aversion sentiment.

As for the oil market, it might actually bounce in the short term. Uncertainty about supply expectations will increase oil price volatility, with speculators and industry capital re-pricing accordingly. But how long this strength can last is hard to say—these types of event-driven rallies usually have a quick rise and fall pattern.

For traders focusing on macro factors, this week’s key is to monitor how geopolitical risks transmit to commodities and how changes in commodity prices feedback into market risk sentiment. Precious metals often lead, oil follows, and the crypto market will adjust based on overall risk appetite—this chain of logic is worth paying close attention to.