The Weekly Rundown with PlexyTrade📊

Revaluing Gold: How Washington Could Unlock $800 Billion Without Raising Debt​

For decades, gold has sat on the U.S. balance sheet at a token valuation of $42.22 per ounce—an official figure unchanged for generations—but mounting fiscal strain and a national debt exceeding $37 trillion suggest that number may soon change. In an unusual acknowledgment that gold still holds relevance in U.S. monetary policy, the Federal Reserve recently referenced the metal in an official report, aligning with draft versions of President Trump’s proposed Bitcoin Act circulating in both the Senate and House. These bills explicitly outline a plan to revalue America’s official gold reserves—a process that, if approved, could unfold as early as 2026—to fund new sovereign wealth and Bitcoin reserve initiatives, redefining gold’s statutory value under 31 U.S. Code §5117. Repricing gold to around $3,400 an ounce could instantly “create” nearly $800 billion in debt-neutral liquidity—capital that might finance these funds without formally expanding the federal debt. Supporters hail it as an innovative way to rebalance public finances, while critics warn it mirrors a sophisticated form of quantitative easing that could trigger inflationary shockwaves worldwide. Should the U.S. move forward, other central banks may follow, reanchoring their currencies to tangible assets even as fiat values continue to erode. Whether the goal is to ease America’s debt burden or to redefine reserves for a digital age, the implications are profound: gold—once dismissed as a barbarous relic—may again become the measure of monetary credibility, and the next chapter of U.S. finance could well be written in both gold and code.

Disclaimer: The information discussed reflects ongoing market speculation and legislative proposals. As of now, the U.S. government has not announced or approved any official revaluation of its gold reserves. Figures such as $800 billion in liquidity are based on independent analyst estimates, not formal projections from the Treasury or Federal Reserve.

 

[Elina Ward]

Monday 25 May 2026​

Qualcomm Rebounded Sharply as Stellantis Automotive Momentum Lifted QCOM​

Qualcomm Price Reaction: 18–22 May 2026​

Qualcomm Incorporated (QCOM) moved through a strong bullish recovery as early-week selling pressure was replaced by aggressive buying momentum into the end of the week. According to the chart, Qualcomm opened at 207.72 on 18 May, dropped to a weekly low of 190.93 on 19 May, then rallied sharply to a weekly high of 242.85 on 22 May, before closing the period at 238.28.

The first part of the move showed weakness. After opening near 207.72, QCOM failed to hold its early level and moved lower into 19 May. The stock reached its weekly low at 190.93, showing that sellers were still active before buyers started to regain control.
The strongest upside reaction appeared later in the week, especially into 22 May 2026, when Qualcomm accelerated sharply higher. External daily market data also showed QCOM closing at 238.16, up 11.60% on 22 May, confirming that the final session carried the main bullish force of the weekly move.

The rally was mainly supported by renewed attention on Qualcomm’s automotive chip business. Stellantis and Qualcomm announced an expanded partnership to adopt Snapdragon Digital Chassis solutions across next-generation vehicle architectures, including cockpit, connectivity, and advanced driver-assistance systems.

This helped strengthen the market’s view that Qualcomm’s growth story was not only tied to smartphones. Qualcomm had already reported fiscal second-quarter revenue of $10.6 billion, while QCT automotive revenue reached $1.326 billion, up 38% year-over-year, showing that the automotive segment had become a key part of the company’s diversification story.

By 22 May 2026, QCOM had reached a weekly high of 242.85 before closing at 238.28. The small pullback from the high showed some profit-taking near the top of the move, but the stock still held most of its weekly advance.

It is important to note that Qualcomm’s movement was not driven by price action alone. The chart reflected a clear shift in sentiment: early weakness pushed the stock to 190.93, but automotive-chip momentum and the Stellantis partnership helped buyers regain control and drive the stock sharply higher into the weekly close.

Price Action Summary​

Movement	From	To	Point Move	% Move	Visual Move
Open to Weekly Close	207.72	238.28	+30.56	+14.71%	+30.56 ↗ / +14.71% ↗
Weekly Low to Weekly High	190.93	242.85	+51.92	+27.19%	+51.92 ↗ / +27.19% ↗

Final Takeaway​

Qualcomm opened the period at 207.72, fell to a weekly low of 190.93 on 19 May, then rallied strongly to a weekly high of 242.85 on 22 May before closing at 238.28. From the weekly low to the weekly high, QCOM gained +51.92 points, equal to +27.19%. From the original 18 May open to the 22 May close, Qualcomm was higher by +30.56 points, equal to +14.71%.

Overall, Qualcomm’s movement from 18 May to 22 May 2026 was mainly driven by the shift from early-week selling pressure into strong late-week buying momentum. The expanded Stellantis partnership gave investors a clear automotive-growth catalyst, while Qualcomm’s recent automotive revenue strength helped support the broader bullish reaction.

Profit Study:​

Imagine catching the weekly low at 190.93 — with just $954.65 in margin, you'd have had a front-row seat to a $5,192 range explosion between 190.93 and 242.85. The beauty? You didn't even need to nail the perfect exit. Closing anywhere inside that range still put money in your pocket.

The chart below illustrates Qualcomm’s movement on a 1-hour candlestick timeframe from 18 May to 22 May 2026.

 

[Elina Ward]

Tuesday 26 May 2026​

BTC/USD Weekly Analysis — 18 May 2026 to 24 May 2026
Timeframe: H1 | Net Move: -0.39% | Range: -5.27% | Sentiment Verdict: Cautiously Bearish

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BTC/USD experienced a slight decline of -0.39% between May 18 and May 24, 2026, opening at 77439.58 and closing at 77134.14. The week's high was 78181.56, while the low dipped to 74271.16. Macroeconomic factors, particularly rising US Treasury yields and a strengthening dollar driven by hawkish signals from the Federal Reserve's May meeting minutes, played a significant role in the downward pressure. Bitcoin ETFs also saw substantial outflows, contrasting with earlier inflows. Despite the overall bearish sentiment, some on-chain data pointed to strategic accumulation by large holders, raising questions about the longer-term outlook.

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PRICE ACTION SUMMARY

Metric	Value
Period Open	77,439.58
Period High	78,181.56
Period Low	74,271.16
Period Close	77,134.14
Net Move (Open → Close)	-0.39%
Range Move (High → Low)	-5.27%

78000.00 —

74300.00 —

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FUNDAMENTAL DRIVERS

MACROECONOMIC
Rising US Treasury yields and a stronger dollar exerted downward pressure on Bitcoin. The Federal Reserve's May meeting minutes suggested a potential shift towards a less accommodative stance, with some participants preferring to remove the "easing bias," increasing the odds of future rate hikes. This macroeconomic environment dampened risk appetite and increased borrowing costs, impacting both institutional and retail investors.

ETF & INSTITUTIONAL FLOWS
Bitcoin ETFs experienced significant outflows, with $1.55 billion exiting the funds since May 14, 2026. This reversal followed strong inflows in April, indicating a shift in institutional sentiment. BlackRock's IBIT and Fidelity's FBTC led the outflows. However, Morgan Stanley's new Bitcoin ETF attracted $264 million in net inflows, showing some continued institutional interest.

ON-CHAIN SIGNALS
On-chain data revealed a divergence between whale and retail activity. Bitcoin's apparent demand fell to its most bearish level of 2026, with new issuance outpacing structural absorption. However, entities holding 1,000+ BTC increased their positions, suggesting strategic accumulation by larger players. The Bitcoin Fund Flow Ratio on Binance also indicated potentially weakening selling pressure.

MARKET STRUCTURE
The CLARITY Act continued to progress through the Senate, aiming to establish a comprehensive regulatory framework for digital assets in the U.S. The Senate Banking Committee advanced the bill, marking a step towards clearer jurisdictional boundaries between the SEC and CFTC. The act includes provisions related to stablecoin regulation, DeFi, and consumer protection, potentially reshaping how crypto businesses operate.

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INTERMARKET CORRELATIONS

Asset	Move	Context
S&P 500 (SPX)	+0.9%	Approximate weekly change from 18 May open to 22 May close; risk sentiment improved by the end of the week.
Gold (XAU)	-0.55	Approximate weekly change from 18 May open to 22 May close; price ended slightly lower despite safe-haven demand.
DXY (USD Index)	+0.04%	Approximate weekly change from 18 May open to 22 May close; the dollar ended almost flat.

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WHAT TO WATCH NEXT

Late May 2026 — Further developments on the CLARITY Act in the Senate
Potential for regulatory clarity to positively impact market sentiment

June 2026 — Next Federal Reserve meeting
Guidance on interest rate policy will influence risk asset valuations

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CAUTIOUSLY BEARISH

The combination of macroeconomic headwinds and ETF outflows creates a cautious bearish outlook for BTC/USD. While on-chain data offers some counterpoints, the broader market sentiment appears to be tilted towards risk aversion in the short term.

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Profit Study:​

Imagine catching BTCUSD near the weekly high at 78,181.56. With only around $781.82 in margin, that position would have given exposure to a powerful $3,910.40 price range as the market moved from 78,181.56 down to 74,271.16.


The key point? You would not have needed to exit at the exact low. Even closing anywhere below the entry level within that range could have captured part of the move.