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Analysis of today's market

SOOLIKE | 2024-12-04 09:18

Abstract:During Tuesday's US trading session, gold prices exhibited an upward trend, advancing by 0.28%. Despite the rise in US Treasury yields, the overall weakness of the US dollar supported gold prices. Gol

During Tuesday's US trading session, gold prices exhibited an upward trend, advancing by 0.28%. Despite the rise in US Treasury yields, the overall weakness of the US dollar supported gold prices. Gold traded at $2,644, 0.26% higher than the opening price.

Gold extended its gains as traders brushed aside optimistic US employment data from the US Department of Labor. The Department announced a sharp increase in the number of job openings in the country, suggesting that the labor market remained robust.

Gold opened at around 2643 and rose to around 2644 at the highest and around 2637 at the lowest before press time.Pay attention to the resistance of 2660-2670-2680 If it fails to break through, it will test 2630-2620-2610

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SOOLIKE
Company name:SOOLIKE CAPITAL MARKETS
Score
5.10
Website:https://soolike.com/en
1-2 years | Regulated in South Africa | Financial Service Corporate | MT5 Full License
Score
5.10

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