Stocks Are Skipping 'Santa Claus Rally' Again. That Doesn't Bode Well for January
Gold Trade Alert: The gold price has fallen below the 100-day moving average, possibly aiming for the 200-day moving average?
On Tuesday (December 31), at the beginning of the Asian market, spot Gold was fluctuating within a narrow range, currently trading around USD 2606.57 per ounce. Gold prices fell by 0.6% on Monday during quiet trading, briefly dropping below the USD 2600 mark to USD 2595.98 per ounce, closing at USD 2605.62 per ounce, below the critical position of the 100-day moving average near USD 2619. The USD index briefly hit a one-week high, putting pressure on Gold prices. However, most traders are waiting for new catalysts, including next week’s USA economic data, which could affect the Federal Reserve's interest rate outlook for 2025, as well as the incoming president.
Us Growth Is Well Above Trend: State Street's Dixon
Another Day, Another Lack of Santa Rally | Wall Street Today
Washington Preps for Carter State Funeral
Cboe to Close Markets Jan. 9 to Honor Former President Jimmy Carter
