Gold is the big loser from a technical and fundamental perspective after the strong non-farm payrolls report.
gold through the 200dma
Gold is down $27 to $1238 and at the lowest since January 15. The next level of support is just below at $1237, which is the 50% retracement of the rally this year.
Most Popular
Sponsored
Bab el-Mandeb risks: Crude could hit $200+ if closed. COP & OXY may benefit from limited exposure.
OpenAI lands $122B valuation, fueling AI hype. Investors bet big on future returns, but IPO risks loom.
Strait of Hormuz closure spikes fuel prices, tanks markets. US exit risks higher crude long-term.
Netflix hikes prices $2 on ad-free tiers, $1 on ad-supported. Stock trades at 38x earnings, down from 45x avg.
Kospi jumps 9% on Iran de-escalation hopes; Samsung & SK Hynix surge 13%+ & 11%. AI boom & memory prices lift tech.
Gold rallies on peace hopes, shifting from inflation to growth risk. Goldman Sachs sees $5400/oz.
Nike's stock drops 9% on China sales outlook & tariff fears, despite earnings beat. Turnaround hits snags.
Sponsored
Must Read
