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Analysis of today's market

SOOLIKE | 2025-01-06 09:39

Abstract:Gold declined on Friday, falling by roughly two-thirds from the weekly high as market sentiment shifted away from its initial risk appetite, retreating below $2,640 per ounce. During the first week of

Gold declined on Friday, falling by roughly two-thirds from the weekly high as market sentiment shifted away from its initial risk appetite, retreating below $2,640 per ounce. During the first week of the 2025 trading season, global markets got off to a shaky start, yet investors continued to seek justifications to take a firm stance as they entered the new year.

Gold opened at around 2640 and rose to around 2647 at the highest and around 2638 at the lowest before press time.Pay attention to the resistance of 2670-2680-2690 If it fails to break through, it will test 2630-2620-2610

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SOOLIKE
Company name:SOOLIKE CAPITAL MARKETS
Score
1.36
Website:https://soolike.com/en
2-5 years | Regulated in South Africa | Derivatives Trading License (EP) | Suspicious Operational Region
Score
1.36

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